NSW Caselaw
New South Wales Supreme Court
CITATION : St Michaels Golf Club v Donald Bell [2002] NSWSC 61 FILE NUMBER(S) : SC 5484/01 HEARING DATE(S) : 5th February 2002 JUDGMENT DATE : 18 February 2002
PARTIES : St Michaels Golf Club Donald Bell JUDGMENT OF : Gzell J at 1
COUNSEL : Mr R D Wilson for the Plaintiff Mr T Lynch for the Defendant SOLICITORS : CATCHWORDS : Corporations Act - qualification of audit report - article proscribing remuneration to directors - no breach - limited to individual - honorary treasurers duties - auditor proper contradictor - annual general meeting forum does not exclude power to grant declaration - no inhibition of auditor's duties - authority to commence proceedings - sufficient utility in threat of report to ASIC and future payment LEGISLATION CITED : Corporations Act 2001 Supreme Court Act 1970 Woolworths Ltd v Kelly (1991) 22 NSWLR 189 Aisnworth v Criminal Justice Commission (1991-1992) 175 CLR 564 Russian Commercial and Industrial Bank v British Bank of Foreign Trade Ltd [1921] 2 AC 438 CASES CITED : Morgan's Brewery Co. v Crosskill [19102] 1 Ch 898 Cyclists' Touring Club v Hopkinson [1910] 1 Ch 179 Re William Thomas & Co Ltd [1915] 1 Ch 325 Forster v Jododex Pty Ltd [1972] 127 CLR 421 DECISION : See paragraphs 39, 40, 53 and 54
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IN THE SUPREME COURT OF NEW SOUTH WALES EQUITY DIVISION 5484/01 Gzell J
18 February 2002 ST MICHAELS GOLF CLUB v Donald BELL Judgment
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