Huxtable, in the matter of P Hindle & Co (WA) Pty Ltd (in liq) [2013] FCA 1105

FEDERAL COURT OF AUSTRALIA

Huxtable, in the matter of P Hindle & Co (WA) Pty Ltd (in liq) [2013] FCA 1105 Citation: Huxtable, in the matter of P Hindle & Co (WA) Pty Ltd (in liq) [2013] FCA 1105

Parties: IN THE MATTER OF P HINDLE & CO (WA) PTY LTD (IN LIQUIDATION) ACN 092 932 520; THE APPLICATION OF CARL ALAN LOUIS HUXTABLE

File number: WAD 133 of 2012

Judge: BARKER J

Date of judgment: 25 October 2013

Catchwords: BANKRUPTCY AND INSOLVENCY – applications pursuant to ss 447A and 511 Corporations Act 2001 (Cth) to rectify non-compliance with various obligations on administrator / liquidator – whether Court has power to grant relief – whether appropriate to grant relief – application to approve liquidator's use of casting vote in favour of his remuneration – whether use of casting vote appropriate – fiduciary obligations of liquidator

Legislation: Corporations Act 2001 (Cth) Pt 5.3A, s 446A, s 446B(3), s 447A(1), s 447D, s 449E(1)(b), s 449E(7)(a), s 449E(7)(a)(i), s 449E(7)(a)(ii), s 449E(7)(a)(iii), Pt 5.5, s 491, s 499(3)(b), s 499(7)(a), s 499(7)(a)(i), s 499(7)(a)(ii), s 499(7)(a)(iii), s 508(1)(b), s 511, s 600B, s 600C Corporations Regulations 2001 (Cth) reg 5.3A07(1)(b), reg 5.6.17(1), reg 5.6.21(2), reg 5.6.21(3), reg 5.6.21(4), reg 5.6.21(4A)

Cases cited: Ausino International Pty Ltd v Apex Sports Pty Ltd [2007] NSWSC 289; (2007) 210 FLR 22 Australasian Memory Pty Ltd v Brien [2000] HCA 30; (2000) 200 CLR 270 Commissioner for Corporate Affairs v Harvey [1980] VR 669 Gibbons v LibertyOne Pty Ltd (In Liq) [2002] NSWSC 274; (2002) 167 FLR 310 Hawkwood Holdings Pty Ltd v Williamson the Liquidator of Merlino Constructions Services Pty Ltd (in liq) (Receivers and Managers Appointed) [2000] WASC 73 Kirwan v Cresvale Far East Ltd (in liq) [2001] NSWCA 395; (2002) 44 ACSR 21 Krejci as liquidator of Eaton Electrical Services [2006] NSWSC 782; (2006) 58 ACSR 403 Mentha v GE Capital Ltd (1997) 154 ALR 565 Re Ansett Australia Ltd [2001] FCA 1439; (2001) 39 ASCR 355 Re Ansett Australia Ltd (No 3) [2002] FCA 90; (2002) 115 FCR 409 Re Free Wesleyan Church of Tonga in Australia Inc [2012] NSWSC 214; (2012) 260 FLR 348 Re McGrath [2010] NSWSC 404; (2010) 266 ALR 642 Re Rewards Projects Ltd (in liq); Ex parte Rewards Projects Ltd (in liq) [2011] WASC 339 Thomas Franklin and Sons Ltd v Cameron (1935) 36 SR (NSW) 286 Timbercorp Securities Ltd (in liq) v WA Chip & Pulp Co Pty Ltd [2009] FCA 901 Williams as liquidator of C and D Global Protection Pty Ltd (in liq) v CD Protective Services Pty Ltd (No 3) [2010] QSC 224