Dec 15 (Reuters) - Queensland Mining Corporation Ltd QMN.AX :
* Update on court case against former md and another QMN.AX
* The application for a winding up order against Butmall was heard at the Federal Court last week.
* Court held that the elements of the winding up application were satisfied
* "Company continue to procure the bankruptcy of Renshaw and expects a court hearing by early 2016"
* Court made an order pursuant to section 459a of the corporations act 2001 that Butmall Pty Limited be wound up
* Source text for Eikon ID:nASX1fT1YB