Federal Court of Australia
Federal Court of Australia
Goyal, in the matter of Soda Shades Pty Ltd (Administrators appointed) v Imatta Company Limited [2022] FCA 587 File number(s): NSD 297 of 2022
Judgment of: GOODMAN J
Date of judgment: 19 May 2022
Date of publication of reasons: 20 May 2022
Catchwords: CORPORATIONS – application by Administrators for extension of convening period – where extension of time will allow the Administrators to seek resolution of a claim concerning ownership of stock which will in turn assist the Administrators in any sale of the second plaintiff's business as a going concern and to provide a meaningful report on the affairs of the second plaintiff prior to the second meeting of creditors – application granted
Legislation: Corporations Act 2001 (Cth) Personal Property Securities Act 2009 (Cth) Insolvency Practice Rules (Corporations) 2016 (Cth)
Cases cited: Algeri, in the matter of BHO Australia Pty Ltd (Administrators Appointed) (No 2) [2022] FCA 234 Re Australian Discount Retail Pty Ltd [2009] NSWSC 110; (2009) 27 ACLC 115 Re Owen; RiverCity Motorway Pty Ltd (admins apptd) (recs & mgrs apptd) v Madden (No 4) [2012] FCA 1491; (2012) 92 ACSR 255 Re Pinnacle Drilling Pty Ltd (Admin Apptd) [2015] NSWSC 1051 Re Riviera Group Pty Ltd [2009] NSWSC 585; (2009) 72 ACSR 352
Division: General Division
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