Federal Court of Australia
CATCHWORDS CORPORATIONS - management and administration - appeal against successful oppression application by minority shareholder - whether commercial unfairness - whether allotments of shares made at under value - using company assets to secure debts of others - removal of shareholder as director - fair value of shareholding APPEALS - role of appellate court - findings based on credibility of witnesses - findings not vitiated by erroneous admission of evidence - appropriate contents of notice of appeal Companies (Northern Territory ) Code s 320 Corporations Law s 260 Watt or Thomas v Thomas [1947] AC 484 Paterson & Anor v Paterson (1953) 89 CLR 212 Westpac Banking Corporation v Spice (1990) ATPR 41-024 S.S. Hontestroom v S.S Sagaporack [1927] AC 37 Duralla Pty Ltd v Plant (1984) 2 FCR 342 Minister for Immigration, Local Government and Ethnic Affairs v Hamsher & Ors (1992) 35 FCR 359 Wayde & Anor v NSW Rugby League Ltd (1985) 61 ALR 225 Morgan v 45 Flers Avenue Pty Ltd (1986) 10 ACLR 692 Devries & Anor v Australian National Railways Commission & Anor (1993) 177 CLR 472 Scottish Co-operative Wholesale Society Ltd v Meyer & Anor [1959] AC 324 at 342 Warren v Coombs & Anor (1979) 142 CLR 531 Taylor v Johnson (1983) 151 CLR 422 Lend Lease Development Pty Ltd v Zemlicka & Ors (1985) 3 NSWLR 207 Ebrahimi v Westbourne Galleries Ltd & Ors [1973] AC 360 Re Dalkeith Investments Pty Ltd (1984) 9 ACLR 247 Hungerfords & Ors v Walker & Ors (1988) 171 CLR 125 Sanford v Sanford Courier Service Pty Ltd & Ors (1986) 10 ACLR 549 Scottish Co-operative Wholesale Society v Meyer & Anor [1959] AC 324 In re London School of Electronics Ltd [1985] 3 WLR 474 Re D.R. Chemicals Ltd (1989) 5 BCC 39 Virdi v Abbey Leisure Ltd & Ors; Re Abbey Leisure Ltd [1990] BCLC 342 Re Bagot Well Pastoral Company Pty Ltd; Shannon v Reid (1992) 9 ACSR 129 Re Bagot Well Pastoral Company Pty Ltd (1993) 61 SASR 165 Re Bird Precision Bellows Ltd [1984] Ch. 419 In re Bird Precision Bellows Ltd [1986] Ch. 658 C.A. No. SG 74 of 1994 DYNASTY PTY LTD, WAYNE LEIGHTON THOMAS, THOMAS CHARTERS PTY LTD and THOMAS HOTELS PTY LTD v KEVIN JOHN COOMBS Spender, O'Loughlin and Branson JJ Adelaide 11 August 1995
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