In the matter of Sahab Holdings Pty Ltd [2022] NSWSC 4

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Sahab Holdings Pty Ltd [2022] NSWSC 4 Hearing dates: 1 September 2021 Decision date: 17 February 2022 Jurisdiction: Equity Before: Rees J Decision: Proceedings dismissed with costs Catchwords: CORPORATIONS — receivers and managers — Court appointed to manage property and defend litigation — application for inquiry under s 423(1) Corporations Act 2001 (Cth) — principles at [107]-[115] – failure to cooperate with receivers — no prima facie case — application refused. Legislation Cited: Civil Procedure Act 2005 (NSW) s 98 Corporations Act 2001 (Cth) ss 420, 423, 536 Evidence Act 1995 (NSW) s 135 Supreme Court Act 1970 (NSW) s 68 Surveillance Devices Act 2007 (NSW) Cases Cited: Aardwolf Industries LLC v Tayeh [2020] NSWCA 301 Aardwolf Industries LLC v Tayeh [2020] NSWSC 299 ASIC v Edge [2007] VSC 170 ASIC v Forestview Nominees Pty Ltd (Receivers and Managers Appointed) (2006) 236 ALR 652; [2006] FCA 1530 Belvista Pty Ltd v Murphy (1993) 11 ACSR 628 Burns Philp Investment Pty Ltd v Dickens (1993) 11 ACLC 272 Burns Philp Investment Pty Ltd v Dickens (No 2) (1993) 31 NSWLR 280 Eighty Second Agenda Pty Ltd v Handberg [2014] VSC 665; (2014) 32 ACLC 14-081 GE Capital Australia v Davis (2002) 180 FLR 250; [2002] NSWSC 1146 Hall v Poolman (2009) 75 NSWLR 99; [2009] NSWCA 64 Kanjian v Kanjian [2019] NSWSC 166 Kanjian Holdings No 1 Pty Ltd v Kanjian; Kanjian v Kanjian (No 3) [2021] NSWSC 839 Leon v York-O-Matic Ltd [1996] 1 WLR 1450; [1966] 3 All ER 277 Leslie, Re Aboriginal Councils and Associations Act 1976 v Hennessy [2001] FCA 371 Macchia v Nilant (2001) 110 FCR 101; [2001] FCA 7 Mamone v Pantzer [2001] NSWSC 26; (2001) 36 ACSR 743 Naumoski v Parbery (2002) 171 FLR 322; [2002] NSWSC 1097 Naxatu Pty Ltd v Perpetual Trustee Co Ltd (2012) 207 FCR 507; [2012] FCAFC 163 Northbourne Developments Pty Ltd v Reiby Chambers Pty Ltd (1989) 19 NSWLR 434; (1989) 1 ACSR 79 Nut Trading Co Aust Pty Ltd v KKL (Kangaroo Line) Pty Ltd (1997) 25 ACSR 580 Oswal v Carson (No 3) (2013) 300 ALR 149; [2013] FCA 357 Re Biposo Pty Ltd; Condon v Rodgers (1995) 13 ACLC 1271; (1995) 120 FLR 399 Re Peters; Ex parte Lloyd (1882) 47 LT 64 Re S & D International Pty Ltd [2009] VSC 225 Re Siromath Pty Ltd (No 1) (1991) 9 ACLC 1580 Re St Gregory's Armenian School (in liq) [2012] NSWSC 1215; (2012) 92 ACSR 588 Senses Northbridge Pty Ltd v Sahab Holdings Pty Ltd [2019] NSWSC 1201 Senses Northbridge Pty Ltd v Sahab Holdings Pty Ltd (No 2) [2019] NSWSC 1458 Senses Northbridge Pty Ltd v Sahab Holdings Pty Ltd (No 3) [2020] NSW 345 Sydlow Pty Ltd (in liq) v TG Kotselas Pty Ltd (1996) 144 ALR 159; (1996) 65 FCR 234 Vink v Tuckwell (2008) 216 FLR 309; [2008] VSC 100 Category: Principal judgment Parties: Sahab Holdings Pty Ltd (Plaintiff) Bradley Tonks trading as PKF Australia (First Defendant) Mark Roufeil trading as PKF Australia (Second Defendant) Representation: Counsel: Mr AJ Bannon SC / Mr MR Davis (Plaintiff) Mr RD Glasson (First and Second Defendants)