CORPORATIONS - application for declarations concerning validity, perfection and vesting of applicant's security interest - where liquidator appointed to respondent company - where s 588FL of the Corporations Act 2001 (Cth) or s 267 of the Personal Property Securities Act 2009 (Cth) (PPS Act) would cause applicant's security interest to vest in respondent company upon commencement of liquidation - where applicant alleges that a valid resolution for winding up of the respondent was not passed - where membership of respondent company affected by share buy-back - whether liquidator validly appointed - whether security interest vests in the respondent company
STATUTES - application for declarations concerning perfection of applicant's security interest under the PPS Act - where receivers and managers appointed by applicant - where receivers and managers took steps to take possession of collateral - whether applicant had possession of collateral other than by seizure or repossession for the purposes of s 21(2)(b) of the PPS Act - whether appointment of receivers and managers sufficient to constitute possession - whether conduct of receivers and managers sufficient to constitute possession - whether conduct of receivers and managers constituted seizure
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