pay thousands and owe millions, page-14

"Regardless of whether or not it is deemed a voidable transaction under s.588FE of the Corporations Act, section 172 prevents the voluntary disposition of property with the intention to defraud creditors."


Well whoopee doo.


s.1002 of the Corporations Act is a joke.

s.671 of the Corporations Act is a joke.

We know this because we see how ASIC conducts itself in relation to NAB and ANZ.

So why should we pay any heed to any other section of this joke of an Act ?