In the matter of Mamae Pty Ltd [2024] NSWSC 1032

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Mamae Pty Ltd [2024] NSWSC 1032 Hearing dates: 16 August 2024 Date of orders: 16 August 2024 Decision date: 16 August 2024 Jurisdiction: Equity - Corporations List Before: Nixon J Decision: See [38] Catchwords: CORPORATIONS – deregistration by ASIC – reinstatement – where plaintiff and first defendant were shareholders and first defendant was sole director – where reinstatement sought to enable plaintiff to bring oppression action against first defendant or derivative action in name of company against first and second defendants – whether reinstatement should be ordered under s 601AH(2) of Corporations Act 2001 (Cth) – defendants did not oppose reinstatement – company reinstated – where first defendant intends to resign upon reinstatement of company – orders made for appointment of directors Legislation Cited: Corporations Act 2001 (Cth), s 601AH Cases Cited: In the matter of Garfox 86 Pty Ltd [2019] NSWSC 442 In the matter of LCW Property Holdings Pty Ltd (deregistered) [2020] NSWSC 71 In the matter of Likehart Pty Ltd (deregistered) [2017] NSWSC 884 Nicholls (Trustee) v Australian Securities and Investments Commission, in the matter of Lawson [2023] FCA 1368 Owners of Strata Plan No 91349 v Australian Securities and Investment Commission [2020] NSWSC 685 Yi Li v Australian Securities and Investments Commission [2024] NSWSC 514 Category: Principal judgment Parties: Wen Qi Liu (Plaintiff) Lan Qing Shelley (First Defendant) QD Trading Pty Ltd (Second Defendant) Australian Securities and Investment Commission (Third Defendant) Representation: Counsel: D Rayment w JP Braithwaite (Plaintiff)