Sino administration was legal: judge

THE long and sorry saga of Chinese-backed Sino Australia Oil & Gas continues to wend its way through the Australian courts, with the Federal Court yesterday rejecting an application by the Australian Securities and Investments Commission that the appointment of administrators in mid-2015 was invalid.

Christopher Darin and Matthew Jess from Worrells Solvency and Forensic Accountants were appointed on May 5 last year, but ASIC wanted their appointment declared void and invalid, complaining

ASIC had