Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Australian Securities and Investments Commission v Sino Australia Oil and Gas Limited (prov liq apptd) [2016] FCA 42 File number: VID 161 of 2014
Judge: DAVIES J
Date of judgment: 5 February 2016
Catchwords: BANKRUPTCY AND INSOLVENCY – voluntary administration – appointment of administrators – whether appointment of administrators invalid – whether directors formed genuine opinion as to likely insolvency – whether appointment made for improper purpose
Legislation: Corporations Act 2001 (Cth) ss 435A, 436A, 447A, 449E
Cases cited: Cadwallader v Bajco Pty Ltd (2001) 189 ALR 370; [2001] NSWSC 1193 Darkinjung Pty Ltd v Darkinjung Local Aboriginal Land Council (2006) 203 FLR 394; [2006] NSWSC 1008 Kazar v Duus (1998) 88 FCR 218 Re Keneally (as administrator of Australian Blue Mountain International Cultural & Tourist Group Pty Ltd (admin apptd) (2015) 107 ACSR 172; [2015] NSWSC 937
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