DCT v Portinex/Silindale/Dalvale [2000] NSWSC 99

Reported Decision : [2000] 156 FLR 453 [2000] 34 ACSR 391

New South Wales Supreme Court

CITATION : DCT v Portinex/Silindale/Dalvale [2000] NSWSC 99 CURRENT JURISDICTION: Equity FILE NUMBER(S) : SC 4210/98; 4211/98; 4494/98 HEARING DATE(S) : 5 & 6 May, 23 August 1999 JUDGMENT DATE : 7 June 2000

Deputy Commissioner of Taxation (P) Portinex Pty Ltd (Subject to a Deed of Company Arrangement) (D1) John Edward Star (Administrator) (D2) Silindale Pty Ltd (Subject to a Deed of Company Arrangement) (D) Deputy Commissioner of Taxation (P) PARTIES : Portinex Pty Ltd (Subject to a Deed of Company Arrangement) (D1) John Edward Star (Administrator) (D2) Dalvale Pty Ltd (Subject to a Deed of Company Arrangement) (D) Deputy Commissioner of Taxation (P) Portinex Pty Ltd (Subject to a Deed of Company Arrangement) (D1) John Edward Star (Administrator) (D2) JUDGMENT OF : Austin J

COUNSEL : J T Johnson (P) P A Somerset (Sol) (D) SOLICITORS : Australian Government Solicitor (P) P A Somerset & Co (D) CATCHWORDS : CORPORATIONS - voluntary administration - invalid resolution to appoint administrator - curative order under s 447A - not procedural irregularity under s 1322(2) - curative order under s 1322(4)(a) - relevant criteria for application under s 600A to set aside resolution to enter into deed of company arrangement - relevant criteria for application to terminate or set aside deed of company arrangement under s 445D(1)(a), (f) and (g) and s 445G LEGISLATION CITED : Corporations Law, ss 9, 436A, 439A, 445D, 445G, 447A, 588FB, 588G, 600A, 1322 Australasian Memory Pty Ltd v Brien [2000] HCA 30 Brash Holdings Ltd v Katile Pty Ltd [1996] 1 VR 24 Cawthorn v Keira Constructions Pty Ltd (1994) 33 NSWLR 607 Cullen v Corporate Affairs Commission (NSW) (1988) 14 ACLR 789 Deputy Commissioner of Taxation v ACN 001 330 203 Pty Ltd (in liq) [1999] NSWSC 798 Deputy Commissioner of Taxation v Comcorp Australia Ltd (1996) 21 ACSR 590 Deputy Commissioner of Taxation v Gruber (1997) 97 ATC 4970 Deputy Commissioner of Taxation v Woodings (1995) 16 ACSR 266 Didovich v Australian Securities and Investments Commission (1998) 29 ACSR 122 Emanuele v ASC (1995) 19 ACSR 1 Hagenvale Pty Ltd v Depela Pty Ltd (1995) 17 ACSR 139 Hamilton v National Australia Bank limited (1996) 19 ACSR 647 Jordan v Avram (1997) 141 FLR 275 Kantfield Pty Ltd v Plastamatic (Aust) Pty Ltd (1994) 14 ACSR 687 Khoury v Zambena Pty Ltd (1997) 23 ACSR 344 Khoury v Zambena Pty Ltd [1999] NSWCA 402 Konica Australia Pty Ltd v Aprolab Flashpoint (Australia) Pty Ltd [1999] VSC 257 CASES CITED : Lam Soon Australia Pty Ltd v Molit (No 55) Pty Ltd (1996) 22 ACSR 169 M & G Oyster Supplies Pty Ltd v Nonchalont Pty Ltd (1995) 19 ACSR 27 M & S Butler Investments Pty Ltd v Granny May's Franchising Pty Ltd (1997) 24 ACSR 695 Molit (No 55) Pty Ltd v Lam Soon Australia Pty Ltd (1996) 19 ACSR 160 MYT Engineering Pty Ltd v Mulcon Pty Ltd (1997) 25 ACSR 78 MYT Engineering Pty Ltd v Mulcon Pty Ltd (1999) 30 ACSR 705 Nece Pty Ltd v Ritek Incorporation (1997) 24 ACSR 38 Network Exchange Pty Ltd v Mig International Communications Pty Ltd (1994) 13 ACSR 544 Re Bartlett Researched Securities Pty Ltd (1994) 12 ACSR 707 Re Brashs Pty Ltd (1994) 15 ACSR 477 Re Carey Builders Pty Ltd (1997) 23 ACSR 754 Re Jacobs; ex parte O'Connor (1984) 1 FCR 1 Re Vanfox Pty Ltd (1994) 13 ACSR 209 Sipad Holding ddpo v Popovic (1995) 18 ACSR 436 Sutherland v Take Seven Group Pty Ltd (1998) 29 ACSR 201 Sydney Appliances Pty Ltd (in liq) v Robert Bosch (Australia) Pty Ltd (2000) 33 ACSR 680 Sydney Land Corp Pty Ltd v Kalon Pty Ltd (No.2) (1997) 26 ACSR 427 Wagner v International Health Promotions Pty Ltd (1994) 15 ACSR 419 Wood v Laser Holdings Ltd (1996) 19 ACSR 245 DECISION : Summons dismissed in each case; on defendants' applications in 4210/98 and 4211/98, orders made under ss 447A(1) and 1322(4)(a)