Endless Solar Corporation Limited v Australian Securities and Investments Commission, in the matter of Speedpanel Australia Ltd [2023] FCA 720

Federal Court of Australia

Endless Solar Corporation Limited v Australian Securities and Investments Commission, in the matter of Speedpanel Australia Ltd [2023] FCA 720 File number(s): NSD 172 of 2023

Judgment of: O'BRYAN J

Date of judgment: 30 June 2023

Catchwords: CORPORATIONS – application for review of order made by Judicial Registrar to reinstate the registration of a company pursuant to s 601AH(2) of the Corporations Act 2001 (Cth) – where reinstatement sought by a shareholder of the company to enable pursuit of proceedings against and on behalf of the company – whether the requirements of procedural fairness have been satisfied on the hearing of the application for review – application for review adjourned to afford interested persons an opportunity to be heard

Legislation: Australian Consumer Law, s 18 Corporations Act 2011 (Cth), ss 232, 233, 237, 436A, 437D, 439A, 442A, 447C, 601AB, 601AH Federal Court of Australia Act 1976 (Cth), s 35(5)-(6) Federal Court (Corporations) Rules 2000 (Cth), rr 2.13(4), 16.1(3)(b) Federal Court Rules 2011 (Cth), rr 1.39, 9.05

Cases cited: AMP General Insurance Ltd v Victorian WorkCover Authority (2006) 15 VR 175 Bechara v Bates (2021) 286 FCR 166 Boys, in the matter of 38 Akuna Pty Ltd (Deregistered) v Australian Securities and Investments Commission [2019] FCA 320 Campbell v Backoffice Investments Pty Ltd (2009) 238 CLR 304 CIP Group Pty Ltd v So [2022] FCA 1490 Dahozo Pty Ltd v Oz-Us Film Productions Pty Ltd (1997) 24 ACSR 739 Deputy Commissioner of Taxation v Australian Securities and Investments Commission; re Civic Finance Pty Ltd (Deregistered) [2010] FCA 1411; 91 ATR 456 Fexuto Pty Ltd v Bosnjak Holdings Pty Ltd [2001] NSWCA 97; 37 ACSR 672 Fletcher (as liquidators of Octaviar Administration Pty Ltd) v Anderson [2014] NSWCA 450; 292 FLR 269 Gardiner v National Australia Bank Ltd; National Australia Bank v Gardiner [2023] NSWSC 45 Grogan Pty Ltd v Australian Securities and Investments Commission, SIRA Pty Ltd (Deregistered) [2020] FCA 1832 Harris v Caladine (1991) 172 CLR 84 Hinz, in the matter of KEAD Pty Ltd (Deregistered) v KEAD Pty Ltd (Deregistered) [2022] FCA 270; 158 ACSR 444 Liberty International Underwriters v Australian Securities and Investments Commission, in the matter of Moore Murphy Holdings Pty Ltd [2021] FCA 103 Manny v David Lardner & Associates [2018] ACTSC 159 Miltonbrook Pty Ltd v Westbury Holdings Kiama Pty Ltd (2008) 71 NSWLR 262 Minister for Immigration and Multicultural Affairs; Ex parte Lam (2003) 214 CLR 1 Owners of Strata Plan No. 91349 v Australian Securities and Investments Commission [2020] NSWSC 685; 147 ACSR 456 Pilarinos v Australian Securities and Investments Commission [2006] VSC 301; 24 ACLC 775 Re Brockweir Pty Ltd [2012] VSC 225 Re ERB International Pty Ltd (deregistered) [2014] NSWSC 200; 98 ACSR 124 Scheuer (Trustee) v Endless Solar Corporation Limited [2023] FCA 299