NSW Caselaw
New South Wales Supreme Court
CITATION : Berjaya Group (Aust) Pty Ltd v Ariff [2007] NSWSC 1049 This decision has been amended. Please see the end of the judgment for a list of the amendments.
HEARING DATE(S) : 13/09/07
JUDGMENT DATE : 19 September 2007
JURISDICTION : Equity Division Corporations List
JUDGMENT OF : Barrett J
DECISION : Note that s.445C(c) has not operated to terminate deeds of company arrangement. List for directions before me at 10am on 24 September 2007. Costs of the hearing on 13 September 2007 reserved.
CATCHWORDS : CORPORATIONS - voluntary administration - deed of company arrangement - whether deed terminated by force of s.445C(c) - whether "circumstances" specified in deed "exist" - where "circumstances" are "payment to all Admitted Creditors of the Dividend"
LEGISLATION CITED : Corporations Act 2001 (Cth), ss.447A, 445D
Federal Commissioner of Taxation v All Suburbs Car Repairs Pty Ltd (1994) 14 ACSR 753 Lombe v Wagga Leagues Club Ltd (2006) 56 ACSR 387 CASES CITED : Lo Pilato v Eden Construction Pty Ltd (2002) 20 ACLC 1744 Re Carlovers Carwash Ltd (2005) 194 FLR 84 Re Purchas; Estore Pty Ltd (2006) 154 FCR 246; Purchas; Worldwide Workers Pty Ltd [2006] FCA 1223
Berjaya Group (Aust) Pty Limited - First Plaintiff/First Respondent PARTIES : Berjaya Group (Cayman) Limited - Second Plaintiff/Second Respondent Berjaya Group Berhad - Third Plaintiff/Third Respondent Stuart Karim Ariff - Defendant/Applicant
FILE NUMBER(S) : SC 6450/06
COUNSEL : Mr B.A.J. Coles QC/Mr J.P. Redmond - Plaintiffs/Respondents Mr S.R. Donaldson SC/Ms R. Francois - Defendant/Applicant
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