SCHOFIELDS FLYING CLUB LTD (ACN: 000 950 943) is an Australian Public Company, Limited By Guarantee and registered under the provisions of the
Corporations Act 2001. It's current legal status is that it is under External Administration. It is not a "club" defined by the
Associations Incorporation Act 2009 (NSW).
The cause of External Administration may be due to issues of governance, liquidity, solvency or other matters which justify appointment of an independent Administrator. If you are transacting business with the entity it is prudent to be aware the Company has limited protection against claims and is being independently managed.
I have no idea or interest why the Company may be in External Administration and indeed, no connection with or vested interest in the Company, the flying training industry or aviation in NSW. If you have questions contact the Administrator.
"Why would he ask PPRuNe if SFC is in any sort of trouble?"
Please answer A or B:
A: He/she has a genuine interest in the financial welfare of fellow aviators?
B: He/she has a hidden agenda?
How often have I seen that question posted to PPRuNe over the last 20 years?
As usual, those that believe emphatically that PPRuNe posts represent 100% truth and fact, also tend to believe in fairies at the bottom of the garden.
