Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Verguier Pty Ltd v Ramelius Resources Limited [2019] FCA 796 File number: SAD 141 of 2018
Judge: WHITE J
Date of judgment: 30 May 2019
Catchwords: CORPORATIONS – application for an order under s 1071F of the Corporations Act 2001 (Cth) and declarations pursuant to s 21 of the Federal Court of Australia Act 1976 (Cth) in respect of the Defendant's failure to register an off-market share transfer – Defendant's constitution prohibited it from charging a fee to register a transfer – Defendant's share registry service provider refused to register the transfer until a "security validation fee" was paid – whether a refusal or failure of the Defendant to register the transfer without just cause. Held: Defendant has refused or failed without just cause to register share transfer.
Legislation: Constitution s 55 Corporations Act 2001 (Cth) ss 136(2), 140, 168, 169, 174, 793B, 1070A, 1071B, 1071D, 1071E, 1071F;
Cases cited: Air Caledonie International v The Commonwealth of Australia [1988] HCA 61, (1988) 165 CLR 462 Airservices Australia v Canadian Airlines International Ltd [1999] HCA 62, (1999) 202 CLR 133 AXA Asia Pacific Holdings Ltd v Direct Share Purchasing Corporation Pty Ltd [2009] FCAFC 15; (2009) 173 FCR 434 Beck v Tuckey [2007] NSWSC 1065; (2007) 213 FLR 152 Gosford Christian School Ltd v Totonjian [2006] NSWSC 725, (2006) 201 FLR 424 Knight v Secretary, Department of Justice [2012] VSC 613 Monardo v Complete Hardware Ltd (1990) 20 NSWLR 489 Northern Suburbs General Cemetery Reserve Trust v The Commonwealth of Australia [1993] HCA 12; (1993) 176 CLR 555 Parton v Milk Board (Vic) [1949] HCA 67, (1949) 80 CLR 229 Re Peninsula Kingswood Country Golf Club Ltd [2014] VSC 437 Re St Barbara Mines Ltd [2000] WASC 300; (2000) 36 ACSR 442 Smolarek v Liwszyc [2006] WASCA 50, (2006) 32 WAR 101 Stillwell Trucks Pty Ltd v Nectar Brook Investments Pty Ltd [1993] FCA 363, (1993) 10 ACSR 615 The New Lambton Land & Coal Co Ltd v The London Bank of Australia Ltd [1904] HCA 23; (1904) 1 CLR 524 William Cable Ltd v Trainor (1957) NZLR 337
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