Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Silver Lake Resources Limited, in the matter of Silver Lake Resources Limited [2012] FCA 32 Citation: Silver Lake Resources Limited, in the matter of Silver Lake Resources Limited [2012] FCA 32
Party: SILVER LAKE RESOURCES LIMITED (ACN 108 779 782)
File number: WAD 518 of 2011
Judge: SIOPIS J
Date of judgment: 31 January 2012
Catchwords: CORPORATIONS – a company issued shares to which s 707(3) of the Corporations Act 2001 (Cth) applied – company did not comply with s 708A(5)(e) of the Corporations Act by issuing a cleansing notice – on-market trading in the shares occurred without compliance with disclosure requirements of s 707(3) of the Corporations Act – whether a declaration should be made validating the trading in the shares.
Legislation: Corporations Act 2001 (Cth) ss 707(3), 708A(5)(e), 708A(11), 1322(4)(a), 1322(4)(c), 1322(6)(a), 1322(6)(c)
Cases cited: Re Golden Gate Petroleum Ltd (2010) 77 ACSR 17 Re Elemental Minerals Ltd (2010) 79 ACSR 277
Date of hearing: Determined on the papers.
Date of last submissions: 6 January 2012
Place: Perth
Division: GENERAL DIVISION
Category: Catchwords
Number of paragraphs: 25
Counsel for the Plaintiff: Mr TP O'Leary
Solicitor for the Plaintiff: Gilbert + Tobin Lawyers
IN THE FEDERAL COURT OF AUSTRALIA WESTERN AUSTRALIA DISTRICT REGISTRY GENERAL DIVISION WAD 518 of 2011
IN THE MATTER OF SILVER LAKE RESOURCES LIMITED (ACN 108 779 782) SILVER LAKE RESOURCES LIMITED (ACN 108 779 782)
Plaintiff
JUDGE: SIOPIS J DATE OF ORDER: 31 JANUARY 2012 WHERE MADE: PERTH
THE COURT ORDERS THAT:
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