6 Mar 2009
GJ FOX V JUBILEE MANAGEMENT LIMITED HC PMN CIV 2008-454-935
- Citation
- openlaw-5decb0d1_bd3f_4c14_b334_d9db18dba858.pdf
- Court
- High Court
Given the irretrievable breakdown in personal and commercial relations producing a total deadlock in management of the company, absence of clear, practicable alternatives demonstrated by the respondent, and the company being solvent, it was just and equitable under s 241(4)(d) to place Jubilee Management Limited into liquidation and to appoint independent liquidators McKenzie and Carey.