Australian Innovation Limited v. Ronald John Dean-Willcocks and Ors [2001] NSWSC 1204

Reported Decision : 40 ACSR 521 (2002) 20 ACLC 360

New South Wales Supreme Court

CITATION : Australian Innovation Limited v. Ronald John Dean-Willcocks and Ors [2001] NSWSC 1204 CURRENT JURISDICTION: Equity FILE NUMBER(S) : SC 5953/01 HEARING DATE(S) : 28 December, 2001 JUDGMENT DATE : 28 December 2001

Australian Innovation Limited - Plaintiff Ronald John Dean-Willcocks & Ian James Purchase as Joint Administrators of Powerline GES Pty Ltd - First Defendant PARTIES : Powerline GES Pty Limited - Second Defendant CMC Power Systems Ltd - Third Defendant Powerline GES, Inc - Fourth Defendant JUDGMENT OF : Palmer J

P.K. Andronos - Plaintiff COUNSEL : M. Cashion SC, P. Parker - First and Second Defendants P. Stern (Sol) - Third Defendant Aitken McLachlan & Thorpe - Plaintiff SOLICITORS : Kemp Strang - First and Second Defendants Ernst & Young Law - Third Defendant CATCHWORDS : CORPORATIONS - ADMINISTRATION - Whether appointment of administrators under s.436C(1) Corporations Act by a chargee is a step in the enforcement of the charge for the purposes of s.267(1). LEGISLATION CITED : Corporations Act - Part 5.3A, s.267, s.435A, s.436C, s.440B, s.440F, s.441A, s.441B, s.447C Companies Code - s.205A. CASES CITED : - 400 Lonsdale Pty Limited v Southern Cross Airlines Limited 10 ACSR 739 - Salcedo v Mawarie Mining Co Pty Limited (1991) 6 ACSR 197 DECISION : Declaration that the appointment of the administrators was valid.