Re Chircan Holdings [2002] NSWSC 988

Reported Decision : (2003) 21 ACLC 29

New South Wales Supreme Court

CITATION : Re Chircan Holdings [2002] NSWSC 988 CURRENT JURISDICTION: Equity Division Corporations List FILE NUMBER(S) : SC 4120/02 HEARING DATE(S) : 14/10/02 JUDGMENT DATE : 17 October 2002

PARTIES : Lessel George Davis, AMBT Pty Ltd, Zieta No 62 Pty Ltd, Zieta No 63 Pty Ltd and Veltex Pty Ltd - Applicants Giles G Woodgate - Liquidator JUDGMENT OF : Barrett J

COUNSEL : Mr J T Svehla - Applicants Mr M R Aldridge SC - Liquidator SOLICITORS : Hugh & Associates - Applicants P W Turk & Associates - Liquidator CATCHWORDS : CORPORATIONS - winding up - examination summons and orders for production served by liquidator - whether Corporations Act provisions impliedly prohibit use by liquidator of orders for production - whether a corporation can be made subject of examination summons - breadth of "examinable affairs" concept LEGISLATION CITED : Corporations Act 2001 (Cth) Supreme Court Rules Re Agriculture.com Pty Ltd [2001] NSWSC 628 Re Burns Philp Trustee Co Ltd (No 2) (1992) 8 ACSR 533 Re Clutha Ltd (2000) 34 ACSR 685 Flanders v Beatty (1995) 16 ACSR 324 Gerah Imports Pty Ltd v The Duke Group Ltd (1993) 12 ACSR 513 Gerah Imports Pty Ltd v The Duke Group Ltd (1994) 68 ALJR 196 Grosvenor Hill (Qld) Pty Ltd v Barber (1994) 12 ACSR 646 CASES CITED : Re Interchase Corporation Ltd (No 2) (1993) 12 ACSR 405 Islam v Duncan (1999) 152 FLR 397 Re Leisure Developments Pty Ltd (2002) 41 ACSR 276 Pathe Freres Cinema Ltd v United Electric Theatres Ltd [1914] 3 KB 1253 Penn-Texas Corporation v Anstalt [1963] 1 All ER 258 Re Rothwells Ltd (No 2) (1989) 15 ACLR 168 Smorgan v Australia and New Zealand Banking Group Ltd (1976) 134 CLR 475 Re South Pacific Energy Trading Pty Ltd (1996) 40 NSWLR 264 Woodgate v Davis (2002) 42 ACSR 286 DECISION : Interlocutory process dismissed