NSW Caselaw
New South Wales Supreme Court
Vaughan v Duncan Vogt v Duncan [2005] NSWSC 670 CITATION : This decision has been amended. Please see the end of the judgment for a list of the amendments.
HEARING DATE(S) : 5, 6,.7, 20 July 2005
JUDGMENT DATE : 21 September 2005
JURISDICTION : Equity Division
JUDGMENT OF : Associate Justice Macready at 1
DECISION : Paragraph 159
CATCHWORDS : Family Provision. Application by husband and daughter of deceased. Only asset held by a company of which deceased was the main shareholder. Half of her shares in company transferred to her son during her lifetime and other half converted on her death to valueless preference shares. Whether transfer perfected and whether full valuable consideration given. Held no prescribed transaction and therefore both summons dismissed.
Companies Act (NSW) 1936 LEGISLATION CITED : Companies Code Family Provision Act 1982
R T Thomas & Family v Jeffries Industries Limited & Ors (1996) 14 ACLC 272 at 291-293 Shepherd v Felt & Textiles of Australia Ltd (1931) 45 CLR 359 Plunkett v Bull (1915) 19 CLR 544 at 548-9 Watson v Delaney (1991) 22 NSWLR 358 at 365 Cross on Evidence (7th Australian Edition) para. 15150 Clune v Collins Angus & Robertson Publishers Pty Ltd (1992) 25 IPR 246 Wade v Harding (1987) 11 NSWLR 551 Attorney-General v Boden [1912] 1 KB 539 at 561 Maiden v Maiden (1909) 7 CLR 727 and see Richardson v Lenehan (1930) 30 SR (NSW) 457; Woods v Wolsely (1891) 12 LR (NSW) EQ 245 E.Brown Pty Ltd v Florence [1967] SASR 214 Ryan v Mutual Tontine Westminster Chambers Association Ltd [1893] 1 Ch 116 at 123 JC Williamson v Lukey (1931) 45 CLR 282 at 298 Dougan v Ley (1946) 71 CLR 142 at 154-5 Hume v Monro (No2) (1943) 67 CLR 461 at 482 CASES CITED : Hoggart v Scoptt (1830) 1 Russ & M 293; 39 ER 113 Halkett v Earl of Dudley [1907] 1 Ch 590 Price v Strange [1978] Ch 337 at 357 and 367 Milroy v Lord 4 De GF & J 264; (1862) 45 ER 1185 Anning v Anning (1907) 4 CLR 1049 Corin v Patton (1990) 169 CLR 540 Armor Coatings (Marketing) Pty Ltd v General Credits (Finance) Pty Ltd (1978) 17 SASR 259 Adsetts v Hives (1863) 33 Beav. 52 (55 ER 286] Keen v Smallbone (1855) 17 CB 179 (139 ER 1038) In re Barned's Banking Company; Ex parte The Contract Corporation (1867) LR 3 Ch App 105 The London and Provincial Bank v Roberts (1874) 22 WR 402 Outer Suburban Properties Ltd v Clarke [1933] SASR 221 Shaeffer v Shaeffer (1994) 36 NSWLR 315. Singer v Berghouse (1994) 181 CLR 201
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