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proceedings in companys namestanding of creditor or contributoryinsolvency
Cadima Express Pty Ltd v Deputy Commissioner of Taxation
Cadima Express Pty Ltd v Deputy Commissioner of Taxation [1999] NSWSC 1143; (1999) 157 FLR 424; (1999) 33 ACSR 527
Key Principle
The court's power to authorise the bringing of proceedings in the name of a company in liquidation arises both under the statutory provision permitting a creditor or contributory to apply to the court regarding the exercise of the liquidator's powers and under the court's inherent jurisdiction.
Area of Law
General
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