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Published by Foez Dewan
Apr 17, 2019 in Insolvency

Foreign company, unregistered and without an office in Australia, held to be amenable to a winding up order

In the recent decision of In the matter of TCL Airconditioner (Zhongshan) Co Ltd (No 2) [2019] FCA 257 the Federal Court held that a Chinese company was amenable to the Australian jurisdiction and thus could validly be served with a statutory demand under s 585 of the Corporations Act 2001 (Cth) (‘CA’), as the precursor to a winding up order. BackgroundA Chinese air conditioner manufacturer and foreign company, TCL Airconditioner...
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