Decision on Statutory Demand from M Resources

Summary by 6ix AI

Australian Pacific Coal Limited reports on a recent court decision regarding a statutory demand from M Resources Trading Pty Ltd. The Queensland Court of Appeal has allowed M Resources' appeal, setting aside a previous ruling that dismissed the statutory demand. The court ordered the company to pay M Resources' costs related to both the original proceeding and the appeal. The company is currently reviewing the judgment and its implications for future actions.

Written by 6ix AI from the company’s filing. How 6ix writes summaries