Donmastry Pty Ltd v Albarran [2004] NSWSC 632

Reported Decision : 49 ACSR 745

New South Wales Supreme Court

CITATION : Donmastry Pty Ltd v Albarran [2004] NSWSC 632 HEARING DATE(S) : 12/07/04 JUDGMENT DATE : 12 July 2004

JURISDICTION: Equity Division Corporations List JUDGMENT OF : Barrett J DECISION : Order that ASIC reinstate registration. Order that company be wound up and liquidator be appointed.

CATCHWORDS : CORPORATIONS - reinstatement of registration - where deregistration followed completion of creditors voluntary winding up - where plaintiff creditor willing to fund liquidator to investigate potential recoveries - question whether all creditors given notice of final meeting - whether liquidator under previous voluntary winding up will again be in office upon reinstatement of registration - whether order for winding up and order for appointment of new liquidator should be made LEGISLATION CITED : Corporations Act 2001 (Cth), ss.509, 601AH Anglo Coal (Drayton Management) Pty Ltd [2004] NSWSC 604 Australian Competition and Consumer Commission v Australian Securities and Investments Commission (2000) 34 ACSR 232 Brownlie v TTPM Pty Ltd (2003) 21 ACLC 1204 Citrix Systems Inc v Telesystems Learning Pty Ltd (1998) 28 ACSR 529 CASES CITED : Euphron Pty Ltd v Hunter Valley Piggery Pty Ltd [2003] NSWSC 543 Krstevska v ACN 010 505 102 Pty Ltd (2001) 20 ACLC 292 Partners in Enterprise Pty Ltd v Sampson [2002] NSWSC 383 Ramantanis v G&M Excavations Pty Ltd (2003) 22 ACLC 22 Scott v Janiki Pty Ltd (1994) 14 ACSR 334 Shaw v Goodsmith Industries Pty Ltd (2002) 41 ACSR 556 Donmastery Pty Limited - Plaintiff PARTIES : Richard Albarran as Voluntary Liquidator of Project Management, Architecture, Construction, Interior (P.A.C.I.) Pty Limited - First Defendant Australian Securities and Investments Commission - Second Defendant