Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Deputy Commissioner of Taxation v Melbourne Kids Pty Ltd [2010] FCA 502 Citation: Deputy Commissioner of Taxation v Melbourne Kids Pty Ltd [2010] FCA 502
Parties: DEPUTY COMMISSIONER OF TAXATION v MELBOURNE KIDS PTY LTD ACN 117 439 835
File number: QUD 92 of 2010
Judge: LOGAN J
Date of judgment: 14 May 2010
Catchwords: CORPORATIONS – Application to wind up a company in insolvency and appoint liquidator – Failure to comply with a statutory demand – Company placed into voluntary administration after applicant made – Whether Court satisfied that it was in the interests of creditors to continue in administration rather than to wind up the company – Where deed of company arrangement not yet drafted – Where conceded that company hopelessly insolvent – Court not satisfied adjournment of winding up application in the interests of creditors Held: companybe wound up in insolvency
Legislation: Corporations Act 2001 (Cth) s 440A(2), 444D, 556
Cases cited: Deputy Commissioner of Taxation v WPS Motor Sport Pty Ltd (2009) 71 ACSR 640 considered
Date of hearing: 14 May 2010
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