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External Forms of Administration Topic Grange Pty Ltd leases a warehouse owned by Landloy Pty Ltd. The monthly rent is $6,000. Oscar and Sharka the
External Forms of Administration Topic
Grange Pty Ltd leases a warehouse owned by Landloy Pty Ltd. The monthly rent is $6,000. Oscar and Sharka the only directors of Grange Pty Ltd entered into a guarantee with Landloy Pty Ltd regarding its obligations under the lease. Grange Pty Ltd does not pay rent for 3 months and Landloy Pty Ltd soon discovers that Grange Pty Ltd is in voluntary administration. Can Landloy Pty Ltd evict Grange Pty Ltd and sue Oscar and Sharka, the directors under the guarantee?
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