In this weeks TGIF, we consider the recent case of Re 52 The Esplanade Pty Ltd (in liquidation) [2023] QSC 57 which provides guidance as to how the relation-back day for a company is to be determined in circumstances where there are multiple winding up applications.
Key takeaways
- The relation-back day is an important date for the administration of a winding up and must be ascertained with certainty.
- Where there are multiple winding up applications before a court, in determining the relation-back day, specific consideration needs to be given to the precise application in respect of which orders were made for the winding up of the company.
- Arguments about the relation-back day can have significant implications for liquidators and credito…
Read the full article at: https://www.corrs.com.au/insights/ascertaining-the-relation-back-day-when-there-are-multiple-applications-for-winding-up