Federal Court of Australia
Federal Court of Australia
Avant Garde Investments Pty Ltd (in liq), in the matter of Avant Garde Investments Pty Ltd (in liq) v Cheema [2021] FCA 125 File number(s): NSD 1820 of 2019
Judgment of: JAGOT J
Date of judgment: 17 February 2021
Catchwords: CORPORATIONS – interlocutory application – application for approval to enter into Deed of Settlement and Release pursuant to s 477(2B) of the Corporations Act 2001 (Cth) – application for default judgment – application allowed
Legislation: Corporations Act 2001 (Cth) ss 477(2B), 588 Federal Court Rules 2011 (Cth) rr 5.23(2)(c), 16.07(2)
Cases cited: Yeo v Damos Earthmoving Pty Ltd, in the matter of Beechwood Developments Pty Ltd (in liquidation) [2011] FCA 1129
Division: General Division
Registry: New South Wales
National Practice Area: Commercial and Corporations
Sub Area: Corporations and Corporate Insolvency
Number of paragraphs: 9
Date of hearing: 17 February 2021
Counsel for Plaintiffs Mr J Hynes
Solicitor for Plaintiffs Nelson McKinnon Lawyers
Counsel for the Defendants The Defendants did not appear
ORDERS NSD 1820 of 2019 IN THE MATTER OF AVANT GARDE INVESTMENTS PTY LTD (RECEIVER APPOINTED) (IN LIQUIDATION)
BETWEEN: AVANT GARDE INVESTMENTS PTY LTD (RECEIVER APPOINTED) (IN LIQUIDATION) IN ITS OWN CAPACITY AND ATF THE AVANT GARDE INVESTMENTS TRUST First Plaintiff
SHUMIT BANERJEE IN HIS CAPACITY AS LIQUIDATOR OF THE COMPANY Second Plaintiff
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