Hellen & Fordyce v Alex G Grivas Pty Limited [2002] NSWSC 1019

New South Wales Supreme Court

CITATION : Hellen & Fordyce v Alex G Grivas Pty Limited [2002] NSWSC 1019 CURRENT JURISDICTION: Equity FILE NUMBER(S) : SC 4658/02 HEARING DATE(S) : 28 October 2002 JUDGMENT DATE : 28 October 2002

PARTIES : Bradley Vincent Hellan & Ann Fordyce as Joint Liquidators of Australian Company No 082 758 263 Pty Limited (in liquidation) (Plaintiffs) Alex G Grivas Pty Limited (Defendant) JUDGMENT OF : Campbell J

COUNSEL : J Chippindall (Plaintiffs) G Segal (Defendant) SOLICITORS : Morgan Lewis Alter (Plaintiffs) Tony Lazaropoulos (Defendant) CATCHWORDS : CORPORATIONS - winding up - application to Court by liquidators - amenability of liquidators to personal orders for payment of costs - whether liquidators are required to provide security for costs - PROCEDURE - costs - amenability of liquidator of corporation to order for personal payment of costs - whether liquidator of corporation required to provide security for costs - PROCEDURE - costs - whether order to be made under Part 52A Rule 9 requiring payment of costs of interlocutory application prior to conclusion of proceedings Companies Ordinance 1962 (ACT) LEGISLATION CITED : Corporations Act 2001 (Cth) Corporations Law Ferrier & Knight v Civil Aviation Authority, unreported, Federal Court, 24 March 1994 Hession v Century 21 South Pacific Limited (In Liquidation) (1992) 28 NSWLR 120 CASES CITED : Jonas v Rocklea Spinning Mills Pty Limited [2000] VSC 93 Re Pavelic Investments Pty Limited (1983) 1 ACLC 1207 Starr v National Australia Bank [1999] NSWSC 353 DECISION : Litigant seeking order for security for costs against liquidator ordered to pay costs of that application. Order "otherwise ordering", under Part 52A Rule 9, refused.