ASIC v Elm Financial Services Pty Ltd & Ors [2004] NSWSC 306

New South Wales Supreme Court

CITATION : ASIC v Elm Financial Services Pty Ltd & Ors [2004] NSWSC 306 HEARING DATE(S) : 14 April, 2004 JUDGMENT DATE : 14 April 2004 JURISDICTION: Equity Division JUDGMENT OF : Palmer J DECISION : Statements admitted.

CATCHWORDS : CORPORATIONS - EXAMINATIONS - EVIDENCE - ADMISSIBILITY - whether s.76 and s.77 Australian Securities and Investments Commission Act contain a complete code for the admissibility of transcripts of evidence given in examinations. LEGISLATION CITED : - Australian Securities and Investments Commission Act 2001 (Cth) - s.19, s.76, s.77 - Evidence Act 1995 (Cth) - s.75 Australian Securities and Investments Commission - Plaintiff Elm Financial Services Pty Ltd - First Defendant Elm Nominee Services Pty Ltd - Second Defendant Elm Management Services Pty Ltd - Third Defendant Elm Property Developments Pty Ltd - Fourth Defendant Fletcher Securities Pty Ltd - Fifth Defendant PARTIES : E Star Developments Redfern Pty Ltd - Sixth Defendant E Star Developments Surry Hills Pty Ltd - Seventh Defendant Dennis Howell Terracini - Eighth Defendant Andrew Dennis Terracini - Ninth Defendant Duncan Grant McCartney - Tenth Defendant Robert John Kay - Eleventh Defendant Howard Young - Twelfth Defendant FILE NUMBER(S) : SC 2313/04 COUNSEL : D.R. Stack - Plaintiff M.A. Pembroke SC and A. Harding - Defendants SOLICITORS : Jan Redfern - Plaintiff Turks Legal - Defendants