it still don't gets into my head, how it is possible for the note holders to call in admins and receivers "suddenly whenever they want".
I'm living outside AUS, so our law is different in this respect.
But since they had a waiver till 31.oct - how can they liquidate the debt at any time they want?? if this is true, what protection and security do company's in Australia have, that note holders don't do that always in their favor to take over the company?
Ann: Appointment of Voluntary Administrators, page-190
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