Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Sheahan in the matter of Gemhall Holdings Pty Ltd (in liquidation) v Lo Pilato (liquidator) [2012] FCA 700 Citation: Sheahan in the matter of Gemhall Holdings Pty Ltd (in liquidation) v Lo Pilato [2012] FCA 700
Parties: JOHN SHEAHAN AND IAN RUSSELL LOCK AS JOINT AND SEVERAL TRUSTEES OF THE BANKRUPT ESTATE OF STEPHEN GERARD DONOVAN v FRANK LO PILATO AS LIQUIDATOR OF GEMHALL HOLDINGS PTY LTD (ACN 065 106 381) (IN LIQUIDATION)
File number: SAD 83 of 2012
Judge: MANSFIELD J
Date of judgment: 29 June 2012
Catchwords: BANKRUPTCY AND INSOLVENCY – declaration that appointment of administrator and liquidator void ab initio – application of Corporations Act s 1322(2) – whether substantive injustice caused – where administrator appointed to avoid effects of freezing order – whether s 447A supports declaration that administration void ab initio – EQUITY – declaratory relief – inherent jurisdiction of the Court – fraud
Legislation: Corporations Act 2001 (Cth) ss 438B, 439A, 482, 447A, 511, 1322 Federal Court of Australia Act 1976 (Cth) s 21
Cases cited: Rafferty v Time 2000 West Pty Ltd (No 2) [2008] FCA 1931 Rafferty v Time 2000 West Pty Ltd (No 4) [2010] FCA 725 Rafferty v Time 2000 West Pty Ltd (No 5) [2010] FCA 873 Rafferty v Time 2000 West Pty Ltd (No 7) [2011] FCA 405 Rafferty v Time 2000 West Pty Ltd (No 9) [2011] FCA 1483 Rafferty v Madgwicks [2012] FCAFC 37 Time 2000 Systems (Australia) Pty Ltd v Rafferty [2009] FCA 216 Re Caysand No 64 Pty Ltd (1993) 11 ACLC 1,198 NAB Ltd v Market Holdings Pty ltd (in liq) (2001) 19 ACLC 710 Wood v Laser Holdings (1996) 19 ACSR 245 Re J W Murphy & P C Allen (1996) 19 ACSR 569 Re G B Nathan & Co Pty Ltd (in liq) (1991) 24 NSWLR 674 Aloridge Pty Ltd v Christianos (1994) 13 ACSR 99 Australasian Memory Pty Ltd v Brien (2000) 200 CLR 270 Kazar v Duus (1998) 88 FCR 218 Thomson v Randwick Corporation (1950) 81 CLR 87 Spacorp Australia v Fitzgerald (2001) 19 ACLC 979 Howard Smith v Ampol Petroleum Ltd [1974] AC 821 Ngurli Ltd v McCann (1953) 90 CLR 425 Ainsworth v Criminal Justice Commission (1992) 175 CLR 564 Forster v Jododex Australia Pty Ltd (1972) 127 CLR 421 Ibeneweka v Egbuna [1964] 1 WLR 219 Jonesco v Beard [1930] AC 298
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