Federal Court of Australia
Federal Court of Australia
Australian Securities and Investments Commission v Kaur (No 2) [2024] FCA 760 File number: WAD 293 of 2020
Judgment of: JACKSON J
Date of judgment: 27 June 2024
Date of publication of reasons: 11 July 2024
Catchwords: CORPORATIONS - application for approval and determination of remuneration of receivers and liquidators - application for dispensation from compliance with r 9.2 of the Federal Court (Corporations) Rules 2000 (Cth) - Court appointed receivers and liquidators - remuneration claimed for past and future work - reasonableness and proportionality of remuneration considered - sufficient attempt at compliance with r 9.2 made - dispensation from compliance granted - remuneration approved
Legislation: Corporations Act 2001 (Cth) ss 425, 601ED, Schedule 2 (Insolvency Practice Schedule (Corporations)) ss 60-5, 60-10, 60-12 Federal Court Rules 2011 (Cth) r 14.24 Federal Court (Corporations) Rules 2000 (Cth) r 9.2
Cases cited: Australian Securities and Investments Commission v A One Multi Services Pty Ltd (No 2) [2022] FCA 1100 Australian Securities and Investments Commission v Kaur [2023] FCA 599 Australian Securities and Investments Commission v Marco (No 11) [2022] FCA 704 Cape v Redarb Pty Ltd (Receiver and Manager appointed) (1991) 32 FCR 407 Cathro (liquidator), in the matter of Petsamo No 14 Pty Ltd (in liq) v Thomassian [2022] FCA 399 Deppeler, in the matter of Moulamein Grain Co-Operative Limited (in liquidation) [2024] FCA 65 Lawrence, in the matter of Ozifin Tech Pty Ltd (in liq) v AGM Markets Pty Ltd (in liq) [2022] FCA 1478 Mansfield v Thousand Angeles Island Pty Ltd (in liq), in the matter of Thousand Angeles Island Pty Ltd (in liq) (No 2) [2021] FCA 283 Phoenix Institute of Australia Pty Ltd (in liq), in the matter of Phoenix Institute of Australia Pty Ltd (in liq) [2021] FCA 1203 Re Idylic Solutions Pty Ltd as trustee for Super Save Superannuation Fund and others [2016] NSWSC 1292 Re Say Enterprises Pty Ltd [2018] NSWSC 396 Staatz v Berry, in the matter of Wollumbin Horizons Pty Ltd (in liq) (No 4) [2023] FCA 103 Templeton v Australian Securities and Investments Commission [2015] FCAFC 137
We try to embed the page this law was scraped from. If the site blocks framing, you still get the link and a local excerpt.
Last checked with source on —
Checking whether the official page can be embedded…
Plain-English simplify of this law: a short summary, key points, and both sides of the argument. Generated on first view via Replicate, then cached. Vote on what helps your study.
No study brief is cached for this law yet. Sign up to generate a plain-English brief.
Sign up to generate