Pursuant to s 1322(4)(c) of the Corporations Act any sellers of securities referred to in order 1 above be relieved from any civil liability arising out of a contravention of sections 707(3) and 727(1) of the Corporations Act.
So all good ... you have screwed investors over but no avenue of recourse from the screwed ?? Is that what I am reading in "relieved from any civil liability" ?
Ann: Update on Court Application for Cleansing Notice, page-79
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