CORPORATIONS - external administrations - consideration of an application for the removal and appointment of court appointed liquidators pursuant to s 473(1) and (7) of the Corporations Act 2001 (Cth) - where a co-liquidator intending to resign from appointments applies to the Court for an order removing himself as liquidator and appointing another in his place - where relevant liquidations include appointments by this Court and other superior courts - where this Court has power to make orders under s 473(7) even where the liquidation and appointment of liquidators was made by another superior court - where exercise of the Court's powers under s 473 will best serve the administration of the liquidation - where appropriate to have the appointment of two joint and several liquidators - where appropriate for ensuring continuity in the liquidation to appoint liquidators from the one firm - where relevant consents, declarations of independence, relevant relationships and indemnities have been executed.
CORPORATIONS - external administrations - consideration of an application for the removal and appointment of liquidators appointed in creditors' voluntary liquidations pursuant to s 503 of the Act - where removal and appointment by the Court will avoid unnecessary expense and delay in the liquidations - where removal of a liquidator in circumstances of an expressed intention to resign is for the better conduct of the liquidation.
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