Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Panasystems Pty Ltd v Voodoo Tech Pty Ltd [2003] FCA 428 CORPORATIONS – voluntary administration – invalid resolution to appoint administrator - whether curative order should be made – whether administration should continue or a provisional liquidator should be appointed
Corporations Act 2001 (Cth) ss 436A(1)(a), 440A(3), 447A and 447C and Pt 5.3A
Wagner v International Health Promotions (1994) 12 ACLC 986 - applied Deputy Commissioner of Taxation v Portinex Pty Ltd (2000) 34 ACSR 391 – applied Australasian Memory Pty Limited v Brien (2000) 200 CLR 270 - cited Re Brashs Pty Ltd (1994) 15 ACSR 477 - cited Creevey v Deputy Commissioner of Taxation (1996) 19 ACSR 456 – applied In the matter of First Netcom Pty Ltd (2001) 19 ACLC 324 - cited Unifor Office Systems Aust Pty Ltd v Brewer Partnership Pty Ltd (1999) 17 ACLC 642 - cited In the matter of Inventive Marketing Pty Ltd (2000) 36 ACSR 206 – cited Shirlaw v Graham [2001] NSWSC 612 – cited Supreme Imports Pty Ltd (in liquidation); Re De Vries [2001] NSWSC 1209 - cited IN THE MATTER OF VOODOO TECH PTY LIMITED ACN 088 963 893 PANASYSTEMS PTY LTD v VOODOO TECH PTY LIMITED V 3079 OF 2003 GREGORY JONES v VOODOO TECH PTY LIMITED V 3098 OF 2003 MERKEL J 9 MAY 2003 MELBOURNE
IN THE FEDERAL COURT OF AUSTRALIA
VICTORIA DISTRICT REGISTRY V 3079 OF 2003
IN THE MATTER OF VOODOO TECH PTY LIMITED
ACN 088 963 893
BETWEEN: PANASYSTEMS PTY LTD
ACN 098 179 045
PLAINTIFF
AND: VOODOO TECH PTY LIMITED
ACN 088 963 893
DEFENDANT JUDGE: MERKEL J
DATE OF ORDER: 9 MAY 2003
WHERE MADE: MELBOURNE
THE COURT ORDERS THAT: 1. The interlocutory applications dated 15 April 2003 and 29 April for the appointment of a provisional liquidator and for a declaration under s 447C of the Corporations Act 2001 (Cth) ("the Act") respectively, be dismissed. 2. The costs of all parties in respect of the plaintiff's interlocutory application dated 15 April 2003 for the appointment of a provisional liquidator be reserved. 3. Gregory Jones pay the costs of the Plaintiff and Peter Ngan of and incidental to the interlocutory application for a declaration under s 447C of the Act. 4. Liberty to apply be reserved.
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