NSW Caselaw
Reported Decision : 52 ACSR 147 (2005) 23 ACLC 308
New South Wales Supreme Court
CITATION : ASIC v Maxwell & Ors [2005] NSWSC 49
HEARING DATE(S) : 07/02/05
JUDGMENT DATE : 14 February 2005
Equity Division JURISDICTION : Corporations List
JUDGMENT OF : Barrett J
DECISION : Application dismissed
CATCHWORDS : CORPORATIONS - winding up - extension of time for determination of application for winding up in insolvency - whether slip rule available if extension application not made within time - no presumption of oversight or error where ground other than insolvency relied on
Corporations Act 2001 (Cth), ss.459P, 459R LEGISLATION CITED : Supreme Court Rules 1970, Part 20 rule 10
Arnett v Holloway [1960] VR 22 Edwards v Waterproofing Manufacturers (Chendu) Pty Ltd [2000] NSWSC 1227 Elyard Corporation Pty Ltd v DDB Needham Sydney Pty Ltd (1995) 61 FCR 385 CASES CITED : L Shaddock & Associates Pty Ltd v Council of the City of Parramatta (No 2) (1982) 151 CLR 590 Re DDS Investments Pty Ltd (unreported, FCA, 7 March 1997) Reliance Financial Services Pty Ltd v Martha's T Market Pty Ltd (2003) 45 ACSR 287 Westpac Banking Corporation v E & W Jury Pty Ltd (1998) 16 ACLC 547
Australian Securities and Investments Commission - Plaintiff Donald Richard Maxwell - First Defendant PARTIES : Twenty six others named in Schedule A - Second to Twenty seventh Defendants
FILE NUMBER(S) : SC 5298/03
COUNSEL : Mr D.R. Stack - Plaintiff
SOLICITORS : Kim Turner, Solicitor - Plaintiff
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