Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Arumainathan, in the matter of STJC Pty Ltd v STJC Pty Ltd [2017] FCA 1229 File number: NSD 1807 of 2017
Judge: MARKOVIC J
Date of judgment: 17 October 2017
Catchwords: TRUSTS AND TRUSTEES – application for appointment of receiver to trust assets – where former corporate trustee automatically removed – where breakdown in relationship of trust unit holders – whether to appoint receiver – application allowed CORPORATIONS – application to appoint liquidator – where former corporate trustee has been removed as trustee – where appointment of liquidator would enliven power in lessor to cancel lease of trust business premises – application dismissed
Legislation: Corporations Act 2001 (Cth) Federal Court of Australia Act 1976 (Cth) s 57
Cases cited: Hosking, in the matter of Business Aptitude Pty Ltd (in liquidation) [2016] FCA 1438 QBE Insurance (Australia) Limited v WA Metal Recycling Pty Ltd, in the matter of WA Metal Recycling Pty Ltd (in Liq) [2016] FCA 238
Date of hearing: 17 October 2017
Registry: New South Wales
Division: General Division
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Category: Catchwords
Number of paragraphs: 13
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