NSW Caselaw
New South Wales Supreme Court
CITATION : Maher v Honeysett & Maher Electrical Contractors [2005] NSWSC 859
HEARING DATE(S) : 15/08/05
JUDGMENT DATE : 25 August 2005
JUDGMENT OF : Brereton J
DECISION : See Judgment at Paragraph 62
CATCHWORDS : CORPORATIONS - statutory derivative action - application for leave under Corporations Act 2001 (Cth) s.236, 237 by member of deadlocked company to defend proceedings against company & to bring cross claim against other member and director - whether leave may be granted if applicant fails to satisfy all five criteria in s.237(2) - whether leave may be granted to defend proceedings on behalf of a company - whether leave may be granted nunc pro tunc - whether judgment as to probability of company not itself bringing proceedings to be made on current facts or deferred - whether good faith requirement satisfied in absence of sworn assertion of honest belief in cause of action - whether personal character and qualities of applicant relevant under s.237(2)(c) - whether leave should be on terms that company protected from costs - whether leave to defend on behalf of company should be granted when same issues can and will be raised by other defendant - appropriate costs order when granting leave
LEGISLATION CITED : (CTH) Corporations Act 2001 s.236, 237
Swansson v R A Pratt Properties Pty Ltd (2002) 42 ACSR 313 Fiduciary Ltd v Morningstar Research Pty Ltd [2005] NSWSC 442 Carpenter v Pioneer Park Pty Ltd (in liq) (2004) 211 ALR 457 Goozee v Graphic World Group Holdings Pty Limited (2002) 42 ACSR 534 Charlton v Baber (2003) 47 ACSR 31 Jeans v Deangrove Pty Ltd [2001] NSWSC 84 Herbert v Redemption Investments Pty Limited [2002] QSC 340 Spokes v Grosvenor Hotel Co Limited [1897] 2 QB 124 CASES CITED : Keyrate Pty Limited v Hamarc Pty Limited [2001] NSWSC 491 [17] RTP Holdings Pty Ltd v Roberts (2000) 36 ACSR 170 Cf Harris v Caladine (1991) 172 CLR 84 Peters' American Delicacy Co Limited v Heath (1939) 61 CLR 457 Russell Kinsella Pty Limited (in liq) v Kinsella [1983] 2 NSWLR 452 Richard Brady Franks Limited v Price (1937) 58 CLR 112 Walker v Wimborne (1976) 137 CLR 1; 3 ACLR 529 Spies v The Queen (2000) 201 CLR 603; 173 ALR 529; 35 ACSR 500 McLean v Lake Como Venture Pty Limited [2003] QSC 562 Devereaux Holdings Pty Limited v Pelsart Resources NL (No 2) BC8500667
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