Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Chye v Australian Securities and Investments Commission [2012] FCA 1405 Citation: Chye v Australian Securities and Investments Commission [2012] FCA 1405
Parties: KIT FOO CHYE v AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION (Intervener)
File number: VID 759 of 2012
Judge: BROMBERG J
Date of judgment: 16 November 2012
Catchwords: CORPORATIONS – application by a disqualified director for leave under s 206G of the Corporations Act 2001 (Cth) to manage a corporation – principles governing exercise of discretion discussed – application dismissed.
Legislation: Australian Securities and Investments Commission Act 2001 (Cth) s 30 Corporations Act 2001 (Cth) ss 206B(3), 206G(1)
Cases cited: Adams v Australian Securities and Investments Commission (2003) 46 ACSR 68 Duffy; Re Westgate Ports Pty Ltd (2010) 79 ACSR 267 Re Application of Chapman (2006) 228 ALR 586 Australian Securities and Investments Commissions v Healey (2011) 196 FCR 291 Re Australian Limousin Breeders Society Ltd (1989) 7 ACLC 426
Date of hearing: 16 November 2012
Place: Melbourne
Division: GENERAL DIVISION
Category: Catchwords
Number of paragraphs: 24
Counsel for the Applicant: Mr SM Anderson SC with Mr SL Freire
Solicitor for the Applicant: Holding Redlich
Counsel for the Intervener: Mr AP Muller
Solicitor for the Intervener: Australian Securities and Investments Commission
IN THE FEDERAL COURT OF AUSTRALIA VICTORIA DISTRICT REGISTRY GENERAL DIVISION VID 759 of 2012
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