6 Jun 2008
REGISTRAR OF COMPANIES V MARINC LIMITED HC AK CIV 2008-404-003142
- Citation
- openlaw-d9a4a43b_8ad3_4180_a2b4_4bb475bda56e.pdf
- Court
- High Court
Given the defendant did not oppose abridgment or the substantive order, the company was a non‑trading holding company, there was an urgent public interest and prima facie case to trace and preserve approximately $42,495,000 of investor deposits amid absent accounting records, the Court exercised its discretion to abridge time, dispense with advertising as an exceptional exercise of its procedural powers, and made a just and equitable winding up order under s241(4) appointing the Official Assignee as liquidator.