11 May 2012
TRUCK AND TRAILER HOLDINGS LIMITED V SKELLY HOLDINGS LIMITED HC CHCH CIV-2012-409-000541
- Citation
- openlaw-1aedfd8b_8f63_4a75_beb2_e0ba9b4a8c7b.pdf
- Court
- High Court
Given the company's insolvency, the director's absence, seizure of primary records by police, substantial potential removal liabilities, inability to operate, and the risk to assets and creditors, the Court was satisfied under s 246 that appointment of an interim liquidator was necessary and expedient to preserve assets and protect creditors; accordingly Murray George Allott was appointed as interim liquidator.