From holdingredlich.com: On March 4, 2025, the Victorian Supreme Court utilized its powers under section 90-15(1) of the IPS to appoint a special purpose liquidator to finalize a long-running liquidation of the ASX-listed company, Pluton Resources Limited.

This decision, made in the best interests of the creditors, was influenced by the Special Purpose Liquidator’s familiarity with creditor claims and their experience, which was deemed beneficial for the overall liquidation outcome.