14 Feb 2012
JONES V 74 ALBERT STREET LIMITED COA CA726/2011
- Citation
- COA CA726/2011
- Court
- Court of Appeal
Extension of time was refused because the applicant's inability to raise funds did not justify the 41‑day delay given rules permitting deferral or waiver of security, granting leave would cause material prejudice to creditors and frustrate ongoing sale and enforcement steps, and the appeal had no real prospects of success as the applicant's protected interest was limited and creditor rights under s20A/s20B meant the notice had no practical utility.