BANKRUPTCY - voidable transactions - dispositions of real property - whether intent to defraud creditors - relevant principles - whether properties held on trust - where transferees purported to have been appointed as trustees - relevance of subjective belief of bankrupt that properties were held on trust - whether properties had no value - relevance of subjective belief of bankrupt as to value - whether transferee acted in good faith - Conveyancing Act 1919 (NSW) s 37A
BANKRUPTCY - voidable transactions - dispositions of real property - whether alienation of property - where properties held by companies controlled by bankrupt - where company executed transfer of property before settlement of purchase of the property - Conveyancing Act 1919 (NSW) s 37A
BANKRUPTCY - voidable transactions - transfers of shares - whether intent to defraud creditors - relevant principles - where assets of companies claimed to be held on trust - whether shares had no value - whether transferee acted in good faith - Conveyancing Act 1919 (NSW) s 37A
BANKRUPTCY - voidable transactions - transfers of shares - relevant principles - main purpose of transfers - where assets of companies claimed to be held on trust - whether shares had no value - whether defence under s 121(4) available - whether transferee had notice of main purpose of transfer - whether transferee had notice of insolvency - Bankruptcy Act 1966 (Cth) s 121
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