Federal Court of Australia
Federal Court of Australia
Blundell (Administrator), in the matter of MG Gold Pty Ltd (administrators appointed) [2023] FCA 282 File number(s): NSD 222 of 2023
Judgment of: JACKMAN J
Date of judgment: 15 March 2023
Catchwords: CORPORATIONS – voluntary administration – extension of time for second meeting of creditors – where a creditor contends for a shorter period of extension than contended for by the voluntary administrators – where a deed of company arrangement may be implemented – where a longer period of extension may be harmful to the assets of the corporation under administration – shorter period of extension granted
Legislation: Corporations Act 2001 (Cth) ss 435A, 439A, 447A
Cases cited: Re Diamond Press Australia Pty Ltd [2001] NSWSC 313
Division: General Division
Registry: New South Wales
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Number of paragraphs: 10
Date of hearing: 15 March 2023
Counsel for the Plaintiff: Mr J K Raftery
Solicitor for the Plaintiff William James
Counsel for the Creditor Mr M Gronow KC and Mr P Donovan
Solicitor for the Creditor Roberts Gray Lawyers
ORDERS NSD 222 of 2023 IN THE MATTER OF MG GOLD PTY LTD (ADMINISTRATORS APPOINTED) ACN 116 623 100
BETWEEN: ANDREW BLUNDELL AND SIMON CATHRO IN THEIR CAPACITY AS JOINT AND SEVERAL VOLUNTARY ADMINISTRATORS OF MG GOLD PTY LTD (ADMINISTRATORS APPOINTED) Plaintiff
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