BANKRUPTCY - application for leave to appeal from decision of the Supreme Court of New South Wales - equitable charge over real property - proceedings for orders for possession and sale - whether applicant required leave under s 58(3)(b) of the Bankruptcy Act 1966 (Cth) to commence such proceedings - consideration of interaction between ss 58(3)(b) and 58(5) of the Bankruptcy Act - whether equitable chargee a "secured creditor" under s 58(5) of the Bankruptcy Act - meaning of "realize or otherwise deal with" in s 58(5) of the Bankruptcy Act in its application to an equitable charge - application for leave to appeal granted - appeal allowed
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