Administrator who didn’t look reprimanded
PKF partner Simon Thorn. Don’t look and don’t ask isn’t a luxury insolvency practitioners can afford, especially when the number of appointing directors is a matter of dispute. As a recent decision of a disciplinary committee convened under s40-50 Schedule 2 of the Corporations Act demonstrates, ignoring a director’s complaint that he never signed a letter of resignation is fraught, with the liquidator in question’s…
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