Georges, in the matter of Vical N.S.W. Pty Ltd (Administrators Appointed) [2018] FCA 1974

FEDERAL COURT OF AUSTRALIA

Georges, in the matter of Vical N.S.W. Pty Ltd (Administrators Appointed) [2018] FCA 1974 File number: NSD 2246 of 2018

Judge: YATES J

Date of judgment: 5 December 2018

Catchwords: CORPORATIONS – external administration – application to extend period of adjournment of second meetings of creditors beyond period prescribed by the Insolvency Practice Rules (Corporations) 2016

Legislation: Corporations Act 2001 (Cth), ss 438A, 439A, 447A, Pt 5.3A, Sch 2 Corporations Regulations 2001, reg 5.6.18(2) (repealed) Insolvency Practice Rules (Corporations) 2016, rr 75-140, 75-225

Cases cited: In the matters of Keystone Group Holdings Pty Ltd (Receivers & Managers Appointed) (Administrators Appointed) and Others [2017] NSWSC 454 Re Porter & Anor as joint administrators of Priceright Construction Pty Ltd (Admin Apptd) (2006) 57 ASCR 206; NSWSC 324

Date of hearing: 5 December 2018

Registry: New South Wales

Division: General Division

National Practice Area: Commercial and Corporations

Sub-area: Corporations and Corporate Insolvency

Category: Catchwords

Number of paragraphs: 30

Counsel for the Plaintiffs: Mr M L Rose

Solicitor for the Plaintiffs: Norton Rose Fulbright

ORDERS NSD 2246 of 2018 IN THE MATTER OF VICAL N.S.W. PTY LTD (ADMINISTRATORS APPOINTED) ACN 065 390 016 AND ARSONELLO PTY LTD (ADMINISTRATORS APPOINTED) ACN 080 140 843 GEORGE GEORGES AND RYAN EAGLE IN THEIR CAPACITY AS JOINT AND SEVERAL ADMINISTRATORS OF VICAL N.S.W. PTY LTD (ADMINISTRATORS APPOINTED) AND ARSONELLO PTY LTD (ADMINISTRATORS APPOINTED) First Plaintiff