NSW Caselaw
Reported Decision : (2001) 19 ACLC 1217 (2001) 38 ACSR 245
New South Wales Supreme Court
CITATION : CIC v Hannan [2001] NSWSC 437 CURRENT JURISDICTION: Equity Divisioin FILE NUMBER(S) : SC 2650/01 HEARING DATE(S) : 15/05/01 JUDGMENT DATE : 15 May 2001
PARTIES : CIC Insurance Limited (Provisional Liquidators Appointed) - Plaintiff Hannan & Company Pty Ltd - Defendant JUDGMENT OF : Barrett J
COUNSEL : Mr A. Ryan (Solicitor) - Plaintiff SOLICITORS : Blake Dawson Waldron - Plaintiff CATCHWORDS : CORPORATIONS - Winding up - Special resolution to wind up - Whether such resolution may be passed by sole shareholder signing minute - Whether fact that no directors in office and no one willing to be appointed justifies winding up on just and equitable ground - Basis on which provisional liquidator will be appointed LEGISLATION CITED : Corporations Law Sipad Holding ddpo v Popovic (1995) 61 FCR 205 Re Montana Frocks Pty Ltd [1967] 2 NSWR 584 Re Hastings Deering Ltd (1985) 9 ACLR 775 Claremont Petroleum NL v Indosuez Nominees Pty Ltd [1987] 1 QdR 1 Corpique (No 20) Pty Ltd v Eastcourt Ltd (1989) 15 ACLR 586 Link Agricultural Pty Ltd v Shanahan [1999] 1 VR 466 Metal Manufactures Ltd v Lewis (1988) 13 NSWLR 315 CASES CITED : Walker v Wimborne (1976) 137 CLR 1 Morgan v 45 Flers Avenue Pty Ltd (1986) 10 ACLR 692 Cheng v Yeo [1998] WASC 38 Australian Securities Commission v AS Nominees Ltd (1995) 62 FCR 504 Port Kennedy Golf Country Club v Port Kennedy Resorts Pty Ltd [2000] WASC 205 Constantinidis v JGL Trading Pty Ltd (1996) 17 ACSR 625 In Re McLennan Holdings Pty Ltd (1983) 7 ACLR 732 Emanuel v Australian Securities Commission (1995) 63 FCR 54 DECISION : Provisional Liquidators appointed
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