Deputy Commissioner of Taxation v ACN 001 330 203 Pty Ltd (in liq) [1999] NSWSC 798

New South Wales Supreme Court CITATION : Deputy Commissioner of Taxation v ACN 001 330 203 Pty Ltd (in liq) [1999] NSWSC 798 revised - 06/08/99 CURRENT JURISDICTION : Equity FILE NUMBER(S) : 2650/96 HEARING DATE(S) : 02/08/99 JUDGMENT DATE : 2 August 1999

Deputy Commissioner of Taxation (Plaintiff) PARTIES : ACN 001 330 203 Pty Ltd (in liquidation) (formerly Bertram & Son Pty Limited ACN 001 330 203) (Defendant) Andrew Hugh Jenner Wily (Official Liquidator) JUDGMENT OF : Santow J

COUNSEL : J K Chippindall (Official Liquidator) ex parte SOLICITORS : M D Nikolaidis & Co (Official Liquidator) CATCHWORDS : CORPORATIONS — One man company when articles required two directors — Administrator invalidly appointed by one director resolution — Appointment nullity — Subsequent winding-up deemed to commence before invalid appointment of administrator, namely on date application earlier made to wind-up company — Relation back period for insolvent transactions therefore calculated by reference to date of winding-up application — No remedial order available under s1322 or s447A. ACTS CITED : Companies Act 1961 of NSW s114 amended by Act No. 61 of 1971 Corporations Law s9, s221(1), s447A, s468, s479(3), s513A and C, s588FE CASES CITED : Gordon v Allied Meridian Pty Ltd (Young J (1999) NSWSC 558, 28 May 1999, unreported) Wagner v International Health Promotions (1994) 15 ACSR 419 DECISION : Relation Back Day date of application to wind-up not date of invalid administration.

REVISED — 6 August, 1999 IN THE SUPREME COURT OF NEW SOUTH WALES IN EQUITY

SANTOW J