NSW Caselaw
New South Wales Supreme Court
CITATION : Deputy Commissioner of Taxation v ACN 080 122 587 Pty Ltd [2005] NSWSC 1247
HEARING DATE(S) : 24/11/05
JUDGMENT DATE : 5 December 2005
Equity Division JURISDICTION : Corporations List
JUDGMENT OF : Young CJ in Eq
DECISION : Leave granted nunc pro tunc for appointment of administrator; Administrator's remuneration increased to $127,725.
CATCHWORDS : CORPORATIONS [96]- Administrator's remuneration- Application for increase above that approved by creditors- Discussion of appropriate method used to calculate remuneration. CORPORATIONS [319]- Appointment of administrator- Leave of court required- Not sought- Defect in procedure- General and specific provisions of Corporations Act provide cure- Whether provision should be applied- Whether curing order can be made nunc pro tunc.
LEGISLATION CITED : Corporations Act 2001 (Cth) ss 447A, 448C, 449E, 1322
Anthony Hordern & Sons Ltd v Amalgamated Clothing & Allied Trades Union of Australia (1932) 47 CLR 1 David Grant & Co Pty Ltd v Westpac Banking Corporation (1995) 184 CLR 265 Emanuele v Australian Securities Commission (1997) 188 CLR 114 CASES CITED : Panasystems Pty Ltd v Voodoo Tech Pty Ltd (2003) 21 ACLC 842 Re Greg Sewell Forgings Pty Ltd (1995) 17 ACSR 602 Re Vouris (2003) 47 ACSR 155
PARTIES : Geoffrey Philip Reidy (Applicant)
FILE NUMBER(S) : SC 4433/03
COUNSEL : F Lever SC (Applicant)
SOLICITORS : Gray & Perkins (Applicant)
LOWER COURT JURISDICTION :
IN THE SUPREME COURT OF NEW SOUTH WALES EQUITY DIVISION CORPORATIONS LIST
YOUNG CJ in EQ
Monday 5 December 2005
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