Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
G8 Communications Ltd, in the matter of G8 Communications Ltd [2016] FCA 297 File number: WAD 105 of 2016
Judge: BARKER J
Date of judgment: 11 March 2016
Catchwords: CORPORATIONS – where issued shares not admitted for quotation on Australian Stock Exchange within time period in s 723(3)(b) and s 724(1)(b)(ii) of the Corporations Act 2001 (Cth) – application under s 1322(4) of the Corporations Act by issuer of securities for extension of that period – application under s 254E of the Corporations Act for confirmation and validation of the issue of shares – whether breach of statutory trust under s 722 of the Corporations Act – application granted
Legislation: Acts Interpretation Act 1901 (Cth) s 2G(2), s 36(1), s 36(2) Corporations Act 2001 (Cth) s 157(2), s 162(3), s 164(3), s 254E, s 254E(1), s 254E(1)(a), s 722(1), s 722(1)(a), s 722(1)(b), s 722(1)(d), s 723(3)(b), s 723(3)(c), s 723(3)(d), s 724(1)(b)(ii), s 1041H, s 1322, s 1322(2), s 1322(4), s 1322(4)(a), s 1322(4)(c), 1322(4)(d), s 1322(5), s 1322(6), s 1322(6)(a)(i), s 1322(6)(a)(ii), s 1322(6)(a)(iii), s 1322(6)(c), s 1337B(1) Federal Court of Australia Act 1976 (Cth) s 19
Cases cited: Azure Minerals Limited, in the matter of Azure Minerals Limited [2013] FCA 63 McHugh v Australian Jockey Club Ltd and Others (No 13) (2012) 299 ALR 363; [2012] FCA 1441 Pape v Commissioner of Taxation of the Commonwealth of Australia and Another (2009) 238 CLR 1; [2009] HCA 23 Re Golden Gate Petroleum Ltd (ACN 090 074 785) (2004) 50 ACSR 659; [2004] FCA 1119 Re Laserbond Ltd (2007) 24 ACLC 1,658; [2007] FCA 2056 Re Mosaic Oil NL (ACN 003 329 084) (No 2) (2010) 80 ACSR 281; [2010] FCA 1186 Re NuSep Ltd (ACN 120 047 556) (2007) 62 ACSR 301; [2007] FCA 613 Re Solco Ltd (ACN 084 656 691) (2015) 106 ACSR 591; [2015] FCA 635 Re Tony Barlow Australia Ltd (ACN 008 787 988) (2005) 53 ACSR 1; [2005] FCA 363 Re Wave Capital Ltd (ACN 006 031 161) (2003) 47 ACSR 418; [2003] FCA 969 Shepherd v Hills (1855) 11 Exch 55; (1855) 156 ER 743 Taruga Gold Limited, in the matter of Taruga Gold Limited [2015] FCA 892 Vale v Sutherland (2009) 237 CLR 638; [2009] HCA 26 Weinstock and Another v Beck and Another (2013) 251 CLR 396; [2013] HCA 14
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