6 Jun 2008
REGISTRAR OF COMPANIES V MARINC LIMITED HC AK CIV 2008-404-003142
- Citation
- openlaw-8a118a8e_87c9_4925_8880_a0cd40f09e72.pdf
- Court
- High Court
Given the defendant's non-opposition, the substantial and untraced investor deposits, the number of affected investors, the risk of dissipation and the likely inevitability of liquidation, the Court exercised its discretion to abridge time and, as an exceptional case, dispense with advertising and order liquidation under s241(4) of the Companies Act 1993 with appointment of the Official Assignee as liquidator to enable prompt investigation and preservation of assets.
- Liquidation
- Just and equitable winding up
- Abridgment of time
- Dispensing with advertising
- Appointment of liquidator
- Investigation of company assets