Linker v Nilant [2003] FCA 1576

FEDERAL COURT OF AUSTRALIA

Linker v Nilant [2003] FCA 1576

CORPORATIONS – application to discharge summons for examination pursuant to s 596B of Corporations Act 2001 (Cth) – where issue of examination summons by Court on basis of affidavit pursuant to s 596C of Corporations Act – where failure to disclose material matter in s 596C affidavit – duty of full and frank disclosure Corporations Act (2001) Cth, ss 596B, 596C

Hong Kong Bank of Australia Ltd v Murphy (1992) 28 NSWLR 512 cited Karounos v Official Trustee (1988) 19 FCR 330 cited Project Blue Sky Inc v Australian Broadcasting Authority (1998) 194 CLR 355 applied Re Excel Finance Corporation Ltd (Receiver and Manager Appointed); Worthley v England (1984) 52 FCR 69 applied Re One Twenty Seven Corporation Pty Ltd (1985)13 ACLC 1,600 followed Re Southern Equities Corporation Ltd (in liq) (1997) 25 ACSR 394 followed IN THE MATTER OF CORETEL PTY LTD (ACN 092 922 417) (SUBJECT TO DEED OF COMPANY ARRANGEMENT); ALFRED BENJAMIN LINKER, ROBERT BENN BRESA, KYM WYKE EVANS AND WAYNE NEICH v CHARLES PHILIPPE LOUIS NILANT AND OREN ZOHAR as deed administrators of CORETEL PTY LTD (ACN 092 922 417) (Subject to Deed of Company Arrangement) W 3021 of 2003 GYLES J 23 DECEMBER 2003 SYDNEY

IN THE FEDERAL COURT OF AUSTRALIA

WESTERN AUSTRALIA DISTRICT REGISTRY W 3021 OF 2003

IN THE MATTER OF CORETEL PTY LTD (ACN 092 922 417) (SUBJECT TO DEED OF COMPANY ARRANGEMENT)

BETWEEN: ALFRED BENJAMIN LINKER, ROBERT BENN BRESA, KYM WYKE EVANS AND WAYNE NEICH

APPLICANTS

AND: CHARLES PHILIPPE LOUIS NILANT AND OREN ZOHAR as deed administrators of CORETEL PTY LTD (ACN 092 922 417) (Subject to Deed of Company Arrangement)

RESPONDENTS

JUDGE: GYLES J

DATE OF ORDER: 23 DECEMBER 2003

WHERE MADE: SYDNEY

THE COURT ORDERS THAT: 1. Order 1 of the orders of the Deputy District Registrar, dated 6 October 2003, be set aside. 2. The Summons for Examination to Robert Benn Bresa, dated 30 October 2003, be discharged. 3. The Summons for Examination to Alfred Benjamin Linker, dated 30 October 2003, be discharged. 4. The Summons for Examination to Wayne Neich, dated 30 October 2003, be discharged. 5. The Summons for Examination to Kym Wyke Evans, dated 30 October 2003, be discharged.