Aroona Developments Pty Limited (In Liq) v Killen [2004] NSWCA 363

Reported Decision : 50 ACSR 668

New South Wales Court of Appeal

CITATION : Aroona Developments Pty Limited (In Liq) v Killen [2004] NSWCA 363 HEARING DATE(S) : On the papers JUDGMENT DATE : 6 October 2004

JUDGMENT OF : Ipp JA at 1 DECISION : Application to strike out the appeals dismissed with costs.

CATCHWORDS : Application to strike out appeals under s 1321 Corporations Act 2001 (Cth) - whether statutory financial limitations threshold under s 101(2)(r) Supreme Court Act 1970 be determined by amount in judgment (in proceedings involving liquidation) or determined by amount the party can or does pay against such a judgment - Held: Whether statutory threshold of s 101(2)(r) is met is determined by amount on judgment, not amount paid or able to be paid: Oertel v Crocker 75 CLR 261 - Moller v Roy 132 CLR 622 - leave under s 471B Corporations Act 2001 (Cth) not required, leave granted nunc pro tunc: Re Gordon Grant & Grant Pty Ltd (1982) 1 ACLC 196. D Corporations Act 2001 (Cth), ss 132(1), 471B LEGISLATION CITED : Judiciary Act 1903 (NSW), s 35(1)(a)(2) Supreme Court Act 1970, s 101(2)(r) Supreme Court Rules, Pt 51, r 8 Moller v Roy (1975) 132 CLR 622 CASES CITED : Oertel v Crocker (1947) 75 CLR 261 Re Gordon Grant & Grant Pty Limited (1982) 1 ACLC 196 PARTIES : Aroona Developments Pty Limited (In Liquidation) (Claimant) Rosanne Lyle Fulton Killen (Opponent) FILE NUMBER(S) : CA 40044/04; 40054/04 COUNSEL : SOLICITORS : Watson Mangioni (Claimant) McKell's (Opponent)

LOWER COURT Supreme Court JURISDICTION : LOWER COURT ED 4112/02; ED 1810/02 FILE NUMBER(S) : LOWER COURT Austin J JUDICIAL OFFICER :