Mining company Venture Minerals has applied to the Supreme Court to wind up the Tasmanian environmental group Tarkine National Coalition (TNC), on the grounds of insolvency.
In the Supreme Court this morning, lawyer Shaun McElwaine said his client, Venture Minerals, had the consent of a liquidator and intended to advertise the matter in local newspapers.
Lawyer acting for TNC Vanessa Bleyer asked that the matter be adjourned until at least the end of February next year because her client needed to determine if the application was properly made.
She said TNC was not insolvent because the State of Tasmania owed it $54,837.53, and that the statutory order against …
Read the full article at: http://www.abc.net.au/news/2015-12-10/mining-company-asks-court-to-wind-up-insolvent-green-group/7018554