NSW Caselaw
Reported Decision : (2001) 39 ACSR 25 (2001) 19 ACLC 1439
New South Wales Supreme Court
CITATION : Bell v Amberday [2001] NSWSC 558 CURRENT JURISDICTION: Equity FILE NUMBER(S) : SC 1382/98 HEARING DATE(S) : 5 May, 15 December 2000, 4 April 2001 JUDGMENT DATE : 4 July 2001
Susan Marie Bell (P) Amberday Pty Limited (D1) PARTIES : Ian James Patton (D2) Baiada Pty Ltd (Applicant) Andrew Wily (Respondent) JUDGMENT OF : Austin J
COUNSEL : J T Johnson (A) J Chippindall (R) SOLICITORS : Manfred Dougall & Company (A) M D Nikolaidis & Co (R) CATCHWORDS : CORPORATIONS - company liquidation - liquidator carries on company's business with a view to sale - whether liquidator personally liable for company debts so incurred - whether creditor has restitutionary claim against liquidator personally - whether receiver's right of indemnity and equitable lien prevails over liquidation creditor's claim - whether leave should be granted to permit proceedings for recovery of debt LEGISLATION CITED : Corporations Law ss 471B, 483, 553, 555, 556 Deputy Commissioner of Taxation v Tideturn Pty Ltd [2001] NSWSC 217 Ex parte James; re Condon (1874) LR 9 Ch App 609 Hartogen Energy Ltd v Australian Gas Light Company (1992) 8 ACSR 277 Hewitt v Court (1982) 149 CLR 639 Pace v Antlers (1998) 26 ACSR 490 Re Application of Central Commodities Services Pty Ltd (1984) 1 NSWLR 25 CASES CITED : Re Autolook Pty Ltd and the Companies Act 1961 (1983) 14 ATR 658 Re Great Eastern Electric Company Ltd [1941] 1 Ch 241 Re National Arms and Ammunition Company (1885) 28 Ch D 480 Shawyer v Amberday Pty Ltd (in liq) [2001] NSWSC 399 Shirlaw v Taylor (1991) 31 FCR 222 Sydlow Pty Ltd v T G Kotselas Pty Ltd (1996) 15 ACLC 846 Weston v Carling Constructions Pty Ltd (2000) 35 ACSR 100 DECISION : Application dismissed
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