Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Hanna v Australian Securities and Investments Commission (No 2) [2011] FCA 1491 Citation: Hanna v Australian Securities and Investments Commission (No 2) [2011] FCA 1491
Parties: GEORGE KHALIL HANNA v AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION and STANISLAUS SEBASTIAN, MAUREEN SEBASTIAN, LIM KHOON LENG and JENNY LEOW
File number: WAD 360 of 2011
Judge: MCKERRACHER J
Date of judgment: 21 December 2011
Catchwords: CORPORATIONS – application for reinstatement of deregistered company – standing – person aggrieved – whether Court is satisfied it is 'just' that the company be reinstated – relevant considerations for reinstatement – views of ASIC and its policy requirements – solvency of company - relevance of public interest – effect of reinstatement – reinstatement sought for purposes of giving effect to agreement, commencing other proceedings and to recover moneys – parties opposed to winding up of company – parties unprepared to pay fees of a liquidator – further financial hardship
Legislation: Corporations Act 2001 (Cth) ss 601AH(2), 601AH(3)
Cases cited: Australian Competition and Consumer Commission v Australian Securities and Investments Commission (2000) 174 ALR 688 Brereton v Australian Securities and Investments Commission [2007] FCA 651 Deputy Commissioner of Taxation v Australian Securities and Investments Commission [2010] FCA 1411 Hanna v Australian Securities and Investments Commission [2011] FCA 1077 Sebastian v Strongwall International Limited (Deregistered) [2011] FCA 1045
Date of hearing: 15 November 2011
We try to embed the page this law was scraped from. If the site blocks framing, you still get the link and a local excerpt.
Last checked with source on —
Checking whether the official page can be embedded…
Plain-English simplify of this law: a short summary, key points, and both sides of the argument. Generated on first view via Replicate, then cached. Vote on what helps your study.
No study brief is cached for this law yet. Sign up to generate a plain-English brief.
Sign up to generate