2 Dec 2005
LÖWER V TRAVELLER AND WALLER SC 51/2005
- Citation
- SC 51/2005
- Court
- Supreme Court
The Supreme Court granted leave to appeal and confined the appeal to the single legal question whether the High Court was entitled under s 320 Companies Act 1955 (pre-repeal) or s 301 Companies Act 1993 to order the appellant liable for $8.4 million of the company's debts for being party to carrying on the business recklessly; the grant of leave and certification of that issue is the operative decision recorded.