From www.claytonutz.com: The New South Wales Supreme Court has ruled that parties asserting ownership rights against a company under administration must obtain consent from the administrators or seek leave from the Court to avoid violating section 440B of the Corporations Act 2001.
The case involved a dispute over access to a terrace adjacent to the Camelia Grove Hotel, where the Court found that the 152 Receivers’ actions to deny access constituted a breach of section 440B.