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Metropolitan Fire Systems Pty Ltd v Miller
[1997] FCA 399; (1997) 23 ACSR 699
Key Principle
Whether a director had reasonable grounds to suspect insolvency for the purposes of the insolvent-trading provisions is judged by an objective standard, namely that of a director of ordinary competence, not by the director's subjective belief.
Area of Law
c
Related Cases
Miller v The Queen [2016] HCA 30; (2016) 259 CLR 380 (Miller v The Queen; Smith v The Queen; Presley v DPP (SA))