Administrator ordered to disgorge as DoCA injuncted

Sales Advisory founder Sule Arnautovic. (Image https://www.salea.com.au) A decision by an administrator to use his casting vote to push through a deed of company arrangement (DoCA) at the recently held second meeting of creditors of WMINES Limited has blown up after a secured creditor obtained orders in the Federal Court restraining the administrator from giving the deed effect. “The Chairperson stated it was his belief…

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