Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Australian Securities and Investments Commission v Narain [2008] FCAFC 120
CORPORATIONS – misleading conduct – publication of statement to ASX – director instructed statement to be sent to ASX – publication act of director – statement about the business of the company – statement "relates to" shares in the company
Corporations Act 2001 (Cth) ss 761A, 763A, 764A, 1041H Corporations Law s 995 ASX Listing Rules Australian Competition and Consumer Commission v Maritime Union of Australia (2001) 114 FCR 472 cited Butcher v Lachlan Elder Realty Pty Ltd (2004) 218 CLR 592 referred to Cleary v Australian Co-Operative Foods Ltd (Nos 2 & 3) (1999) 32 ACSR 701 referred to Genocanna Nominees Pty Ltd v Thirsty Point Pty Ltd [2006] FCA 1268cited Hamilton v Whitehead (1988) 166 CLR 121 referred to Houghton v Arms (2006) 225 CLR 553 applied Ingot Capital Investments Pty Ltd v Macquarie Equity Capital Markets Ltd (No 6) (2007) 63 ACSR 1cited Joye v Beach Petroleum NL (1996) 67 FCR 275 referred to Pico Holdings Inc v Voss [2004] VSC 263 cited Project Blue Sky Inc v Australian Broadcasting Authority (1998) 194 CLR 355 cited R v Butcher (1858) Bell 6 [169 ER 1145] applied R v Michael (1840) 9 Car & P 356 [173 ER 867] applied Standard Chartered Bank v Pakistan National Shipping Corp (No 2) [2003] 1 AC 959 applied Tooheys Limited v Commissioner of Stamp Duties (NSW) (1961) 105 CLR 602 distinguished ASX Discussion Paper, "The Role of the Australian Stock Exchange and Its Listing Rules" (October 1990) AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION v RAVI AMRIT NARAIN
VID 1173 of 2007
Finkelstein, JACOBSON AND GORDON JJ
3 JULY 2008
MELBOURNE
IN THE FEDERAL COURT OF AUSTRALIA
VICTORIA DISTRICT REGISTRY VID 1173 of 2007
ON APPEAL FROM A SINGLE JUDGE OF THE FEDERAL COURT OF AUSTRALIA
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