Federal Court of Australia
Federal Court of Australia
Gold Mountain Limited, in the matter of Gold Mountain Limited [2021] FCA 772 File number: WAD 155 of 2021
Judgment of: JACKSON J
Date of judgment: 2 July 2021
Date of publication of reasons: 7 July 2021
Catchwords: CORPORATIONS - application for validation orders under s 1322 of the Corporations Act 2001 (Cth) - shares issued on numerous occasions without valid cleansing notices - validation orders made in respect of some share issues - just and equitable to make orders - orders would not result in substantial injustice to any person - consideration of balance of share issues adjourned for further hearing
Legislation: Corporations Act 2001 (Cth) ss 707, 708, 708A, 1322 Federal Court of Australia Act 1976 (Cth) s 23
Cases cited: EHR Resources Ltd, in the matter of EHR Resources Ltd [2018] FCA 997 iCandy Interactive Limited, in the matter of iCandy Interactive Limited [2018] FCA 533; (2018) 125 ACSR 369 Poseidon Nickel Ltd, in the matter of Poseidon Nickel Ltd [2018] FCA 1063; (2018) 129 ACSR 57 Re Wave Capital Limited [2003] FCA 969; (2003) 47 ACSR 418 Re Wesfarmers Ltd; Ex parte Wesfarmers Ltd (No 2) [2018] WASC 357
Division: General Division
Registry: Western Australia
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Number of paragraphs: 37
Date of hearing: 2 July 2021
Counsel for the Plaintiff: Mr JR Atkinson
Solicitor for the Plaintiff: Atkinson Corporate Lawyers
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