Judgment
In re Freerider Ltd (Official Liquidation) - Ruling
FSD 0048/2009 (AFJ) · 2010-09-16
Section 99 Companies Law (void dispositions); Consent Validation Order interpretation; Ordinary course of business test; Security over all company assets; Convertible promissory notes; Shareholder conflict; Concealment by director; Improper purpose; Retrospective validation (refused); Protection of unsecured creditors; Winding‑up commencement under s.100(2)
Full metadata
| Cause Number | FSD 0048/2009 (AFJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Foster J |
| Parties | In re Freerider Ltd (Official Liquidation) - Ruling |
| Judgment Date | 2010-09-16 |
| Subject | Section 99 Companies Law (void dispositions); Consent Validation Order interpretation; Ordinary course of business test; Security over all company assets; Convertible promissory notes; Shareholder conflict; Concealment by director; Improper purpose; Retrospective validation (refused); Protection of unsecured creditors; Winding‑up commencement under s.100(2) |
| Filename (current) | 10-09-16-Freerider-Ltd-Official-Liquidation-In-re.pdf |