Nece Pty Ltd v Ritek Incorporation Ritek Incorporation v Nece Pty Ltd & Anor [1997] FCA 504

CATCHWORDS

Corporations Law - whether solicitors have authority to act for a party and, if not, whether the lack of authority can (and should) be made good by an order under s 1322 - whether a director may maintain proceedings as derivative proceedings Corporations Law s 459G, s 260, s 1322(4), s 459J, s 459S, s 1322(6) David Grant Co Pty Ltd v Westpac Banking Corporation (1995) 184 CLR 269 Freeman & Lockyer v Buckhurst Park Properties (Mangal) Ltd [1964] 2 QB 480 Healy‑Hutchinson v Brayhead Ltd [1968] 1 QB 549 Re Qintex Ltd (No. 2) (1990) 2 ACSR 479 Daimler Company Ltd v Continental Tyre & Rubber Company (Great Britain) Ltd [1916] 2 AC 307 Foss v Harbottle (1843) 2 Hare 461 Scarel Pty Ltd v City Loan & Credit Pty Ltd (1988) 17 FCR 344 Wallersteiner v Moir (No. 2) [1975] 1 QB 373 North Sydney Brick & Tile Co Ltd v Darvall (1989) 17 NSWLR 327 Omega Estates Pty Ltd v Ganke (1962) 80 WN (NSW) 1218 NECE PTY LIMITED v RITEK INCORPORATION No. NG 3791 OF 1996 RITEK INCORPORATION v NECE PTY LIMITED & ANOR No. NG 3055 OF 1997 CORAM: Lehane J PLACE: Sydney DATE: 11 June 1997

IN THE FEDERAL COURT OF AUSTRALIA ) NEW SOUTH WALES DISTRICT REGISTRY ) No. NG 3791 of 1996 GENERAL DIVISION ) No. NG 3055 of 1997 IN THE MATTER OF NECE PTY LIMITED (A.C.N. 065 081 067) MATTER NO. NG 3791 OF 1996 BETWEEN: NECE PTY LIMITED A.C.N. 065 081 067) Applicant AND: RITEK INCORPORATION Respondent MATTER NO. NG 3055 OF 1997 BETWEEN: RITEK INCORPORATION Applicant AND: NECE PTY LIMITED (A.C.N. 065 081 067) First Respondent PHILIP GRAHAM SIDNEY Second Respondent

CORAM: Lehane J PLACE: Sydney DATE: 11 June 1997 MINUTE OF ORDERS THE COURT ORDERS THAT: 1. The applicant file and serve short minutes of orders appropriate to give effect to these reasons for judgment. NOTE: Settlement and entry of orders is dealt with in Order 36 of the Federal Court Rules.