Question: The issue is whether Alpha Retail Ltd's (Alpha) liquidator can recover the $100,000 overpayment to Beta Wholesalers Ltd (Beta) for the property transaction that occurred
The issue is whether Alpha Retail Ltd's (Alpha) liquidator can recover the $100,000 overpayment to Beta Wholesalers Ltd (Beta) for the property transaction that occurred in December 2022. Law: If: 1. The transaction involves a related person, such as a relative of a director (related persons) 2. The transaction occurred within three years of liquidation (specified period) 3. No requirement for insolvency at time of transaction so write number 3
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