In the matter of C88 Project Pty Ltd (in liq) (controller appointed) [2024] NSWSC 999

Supreme Court New South Wales

Medium Neutral Citation: In the matter of C88 Project Pty Ltd (in liq) (controller appointed) [2024] NSWSC 999 Hearing dates: 30 July 2024 Date of orders: 12 August 2024 Decision date: 12 August 2024 Jurisdiction: Equity - Corporations List Before: Black J Decision: Directions to be given to liquidator and associated orders to be made. Catchwords: CORPORATIONS – Winding up – Application by liquidator for directions – Whether liquidator is justified in retaining or repaying certain monies – Where the Australian Taxation Office paid monies to the company by mistake. Legislation Cited: - A New Tax System (Goods and Services Tax) Act 1999 (Cth), s 195-1 - Corporations Act 2001 (Cth), s 436A - Insolvency Practice Schedule (Corporations), s 90-15 - Judiciary Act 1903 (Cth), s 64 - Real Property Act 1900 (NSW), s 57(2)(b) - Taxation Administration Act 1953 (Cth), s 8AAZNz Cases Cited: - AE Brighton Holdings Pty Ltd v UDP Holdings Pty Ltd [2020] VSCA 235 - Berowra Holdings Pty Ltd v Gordon (2006) 225 CLR 364; [2006] HCA 32 - Black v S Freedman & Co (1910) 12 CLR 105; [1910] HCA 58 - Care A2 Plus Pty Ltd v Pichardo [2023] NSWCA 156 - Commissioner of Taxation v Auctus Resources Pty Ltd [2021] FCAFC 39 - Deputy Commissioner of Taxation v MWB [2019] BCC 1516 - Focus Metals Pty Ltd v Babicci [2014] VSC 380 - Re Computer Room Solutions Pty Ltd [2021] NSWSC 845 - Re DCA Enterprises Pty Ltd (2023) 166 ACSR 156; [2023] NSWSC 11 - Re Hawden Properties Group Pty Ltd (in liq) (2018) 125 ACSR 355; [2018] NSWSC 481 - Re Maitland Benevolent Society Ltd (in liq) [2020] NSWSC 1284 - Re Octaviar Administration Pty Ltd (in liq) [2017] NSWSC 1556 - Re Sirrah Pty Ltd (in liq) [2024] NSWSC 784 - Sargent v ASL Developments Ltd (1974) 131 CLR 634; [1974] HCA 40 - Wambo Coal Pty Ltd v Ariff (2007) 63 ACSR 429; [2007] NSWSC 589 - Westpac Banking Corp v Ollis [2007] NSWSC 956 - Wiltrading (WA) Pty Ltd v Lumley General Insurance Ltd (2005) 30 WAR 290; [2005] WASCA 106 Category: Principal judgment Parties: Steven Barry Kugel in his capacity as Liquidator of C88 Project Pty Ltd (in liquidation) (controller appointed) (Plaintiff) Deputy Commissioner of Taxation (Defendant) Representation: Counsel: D Neggo (Plaintiff) L Livingston SC/K Josifoski (Defendant)