In the matter of Centuria Property Funds Limited [2022] NSWSC 1056

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Centuria Property Funds Limited [2022] NSWSC 1056 Hearing dates: 21 June 2022 Date of orders: 21 June 2022 Decision date: 05 August 2022 Jurisdiction: Common Law Before: Richmond J Decision: Orders made to declare that the term of the Trust had been validly extended Catchwords: CORPORATIONS — management and administration — application to validate deed extending the term of trust pursuant to s 1322(4) — extension of time to lodge documents with ASIC — whether the court should make a declaration pursuant to s 1322(4) that the plaintiff has continued to validly operate the trust Legislation Cited: Corporations Act 2001 (Cth) ss 601GC, 1322 Supreme Court Act 1970 (NSW) s 23 Cases Cited: Blaze Asset Pty Ltd v Target Energy Limited (2009) 177 FCR 488; [2009] FCA 698 Byrnes v Kendle (2011) 243 CLR 253; [2011] HCA 26 David Grant & Co Pty Ltd v Westpac Banking Corporation (1995) 184 CLR 265; [1995] HCA 43 Emanuele v Australian Securities Commission (1997) 188 CLR 114; [1997] HCA 20 Fitzgerald v Masters (1956) 95 CLR 420; [1956] HCA 53 In the matter of H&P Newcastle Pty Limited (in liquidation) [2013] NSWSC 778 In the matter of Order of AHEPA NSW Incorporated [2018] NSWSC 458 ING Funds Management Limited v Professional Association Superannuation Limited [2009] NSWSC 243; 228 FLR 444 Macquarie Goodman Funds Management Ltd [2004] NSWSC 1197; 52 ACSR 194 Murray River Organics Limited, In the matter of Murray River Organics Limited [2019] FCA 931; 138 ACSR 365 Re Wave Capital Ltd [2003] FCA 969; 47 ACSR 418 Re Wood Parsons Pty Ltd (in liq) [2002] NSWSC 1058; 43 ACSR 257 Sheehan v Londish [2010] NSWCA 270; 244 FLR 64 Westpac Banking Corporation v Tanzone Pty Ltd [2000] NSWCA 25; 9 BPR 17,521 Category: Principal judgment Parties: Centuria Property Funds Limited (Plaintiff) Representation: Counsel: D Sulan SC with M Ellicott (Plaintiff)