Federal Court of Australia
Federal Court of Australia
Jahani, in the matter of Miniso Master Franchisee Pty Ltd (Administrators Appointed) (No 2) [2020] FCA 1140 File number: NSD 768 of 2020
Judgment of: STEWART J
Date of judgment: 7 August 2020
Catchwords: CORPORATIONS – application by administrators under s 439A(6) of the Corporations Act 2001 (Cth) for an extension of the convening period for the second meeting of creditors of the company – where retail stores required to be closed because of coronavirus restrictions – where administrators required to communicate with company personnel through interpreters – where additional time needed for orderly disposal of assets and thorough assessment of proposed deed of company arrangement –where additional time likely to enhance return to creditors – application granted
Legislation: Corporations Act 2001 (Cth) Pt 5.3A, ss 435A, 439A, 439C, 443B, 447A
Cases cited: In the matter of Renex Holdings (Dandenong) 1 Pty Ltd (administrators appointed) [2015] NSWSC 2002 In the matter of Riviera Group Pty Ltd (admins apptd) (recrs & mgrs apptd) [2009] NSWSC 585; 72 ACSR 352 Jahani, in the matter of Miniso Master Franchisee Pty Ltd (Administrators Appointed) [2020] FCA 1066 Mighty River International Limited v Hughes [2018] HCA 38; 265 CLR 480 Owen, in the matter of River City Motorway Pty Ltd (admin apptd) (recs and mgrs apptd) v Madden (No 4) [2012] FCA 1491; 92 ACSR 255
Division: General Division
Registry: New South Wales
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
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