Judgment
In re Saad Investment and Finance Company Ltd #5 - Reasons for Ruling
FSD 0054/2009 (ASCJ) · 2010-08-02
Liquidation committee constitution (CWR O.9 r.1); Practical impossibility; Admission of creditor claims for voting; Conflicts of interest (AHAB as claimant and litigant); Court‑directed LC with restricted remit; JOL powers; Fiduciary nature of LC members; Scope of LC functions; Comparative UK Insolvency Act / IR 1986 guidance; Court’s inherent discretion to modify LC remit to avoid conflict
Full metadata
| Cause Number | FSD 0054/2009 (ASCJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Smellie CJ |
| Parties | In re Saad Investment and Finance Company Ltd #5 - Reasons for Ruling |
| Judgment Date | 2010-08-02 |
| Subject | Liquidation committee constitution (CWR O.9 r.1); Practical impossibility; Admission of creditor claims for voting; Conflicts of interest (AHAB as claimant and litigant); Court‑directed LC with restricted remit; JOL powers; Fiduciary nature of LC members; Scope of LC functions; Comparative UK Insolvency Act / IR 1986 guidance; Court’s inherent discretion to modify LC remit to avoid conflict |
| Filename (current) | 10-08-02-Saad-Investment-and-Finance-Company-Ltd-5-In-re.pdf |
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