Federal Court of Australia
Federal Court of Australia
Crafted Furniture Pty Ltd v Rugged Luxe Pty Ltd (Administrators Appointed) (No 2) [2021] FCA 1365 File number: NSD 977 of 2021
Judgment of: STEWART J
Date of judgment: 27 October 2021
Catchwords: CORPORATIONS – application for the adjournment of a winding up application – where company is in administration – where company's administrators seek to adjourn the winding up application – where possible DOCA proposed without support of principal creditors – where DOCA is too speculative – application dismissed
Legislation: Corporations Act 2001 (Cth) s 440A(2)
Cases cited: Lemery Holdings Pty Ltd v Reliance Financial Services Pty Ltd [2008] NSWSC 548 Re Offshore and Ocean Engineering Pty Ltd [2012] NSWSC 1296 Re Paltar Petroleum Limited (No 1) [2019] FCA 635 Sunstate Orchards Pty Ltd v Citrus Queensland Pty Ltd [2009] FCA 452
Division: General Division
Registry: New South Wales
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Number of paragraphs: 20
Date of hearing: 27 October 2021
Solicitor for the Plaintiff: S Gupta of Gupta & Co Pty Ltd
Counsel for the Defendant and Administrators: D Edney
Solicitor for the Defendant and Administrators: Hilton Bradley Lawyers
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