Australian Securities & Investments Commission v Axis International Pty Ltd (No 7) [2011] FCA 812

FEDERAL COURT OF AUSTRALIA

Australian Securities & Investments Commission v Axis International Pty Ltd (No 7) [2011] FCA 812 Citation: Australian Securities & Investments Commission v Axis International Pty Ltd (No 7) [2011] FCA 812

Parties: AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION v AXIS INTERNATIONAL MANAGEMENT PTY LTD (ACN 075 799 772) FIREPOWER INVESTMENTS PTE LIMITED, OWSTON NOMINEES NO 2 PTY LTD (ACN 001 769 099), SATTVIC PTY LTD (ACN 114 153 954), SEASWAN HOLDINGS PTY LTD (ACN 059 000 538), QUENTIN PHILLIP O'DOHERTY WARD, TIMOTHY FRANCIS JOHNSTON and GREEN TRITON LIMITED

File number: WAD 157 of 2008

Judge: GILMOUR J

Date of judgment: 21 July 2011

Legislation: Corporations Act 2001 (Cth) s 471B

Cases cited: Commonwealth v Davis Samuel Pty Ltd (No 5) (2008) 164 ACTR 1

Date of hearing: 16 June 2011

Place: Perth

Division: GENERAL DIVISION

Category: No catchwords

Number of paragraphs: 16

Counsel for the Plaintiff: Ms W F Gillan

Solicitor for the Plaintiff: Blake Dawson

Counsel for the Defendants The Defendants did not appear

IN THE FEDERAL COURT OF AUSTRALIA WESTERN AUSTRALIA DISTRICT REGISTRY GENERAL DIVISION WAD 157 of 2008

BETWEEN: AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

Plaintiff

AND: AXIS INTERNATIONAL MANAGEMENT PTY LTD (ACN 075 799 772)

Defendant

FIREPOWER INVESTMENTS PTE LIMITED Second Defendant OWSTON NOMINEES NO 2 PTY LTD (ACN 001 769 099) Third Defendant SATTVIC PTY LTD (ACN 114 153 954) Fourth Defendant SEASWAN HOLDINGS PTY LTD (ACN 059 000 538) Fifth Defendant QUENTIN PHILLIP O'DOHERTY WARD Sixth Defendant TIMOTHY FRANCIS JOHNSTON Seventh Defendant GREEN TRITON LIMITED