Dean-Willcocks re Venwood Trading Pty Ltd v Commissioner of Taxation [2006] NSWSC 676

New South Wales Supreme Court

CITATION : Dean-Willcocks re Venwood Trading Pty Ltd v Commissioner of Taxation [2006] NSWSC 676

HEARING DATE(S) : 20/06/06

JUDGMENT DATE : 4 July 2006

JURISDICTION : Equity Division Corporations List

JUDGMENT OF : Barrett J

DECISION : Extension of time to file reply

CATCHWORDS : CORPORATIONS - winding up - alleged insolvent transactions - recovery proceedings - pleading in response to defence of lack of reasonable grounds to suspect insolvency - whether knowledge of circumstances of associated company may be pleaded - whether estoppel may arise in relation to result of proceedings involving associated company

Civil Procedure Act 2005, s.14 LEGISLATION CITED : Corporations Act 2001 (Cth), ss.588FC, 588FE(2), 588FF, 588FG(2), Part 5.7B, Div 2 Income Tax Assessment Act 1936 (Cth), s.16(3) Uniform Civil Procedure Rules 2005, rules 1.12, 14.4(1), 21.214.4(3),

Cussen v Commissioner of Taxation (2003) 47 ACSR 107 Cussen v Commissioner of Taxation (2004) 51 ACSR 530 Dean-Willcocks v Commissioner of Taxation (2004) 51 ACSR 353 General Steel Industries Inc v Commissioner for Railways (NSW) (1964) 112 CLR 125 CASES CITED : Javorsky (as liquidator of PLM Formwork Pty Ltd) v Commissioner of Taxation (2005) 216 ALR 619 Port of Melbourne Authority v Anshun Pty Ltd (1981) 147 CLR 589 Queensland Bacon Pty Ltd v Rees (1966) 115 CLR 266 Smith v Deputy Commissioner of Taxation (1997) 75 FCR 339 Sutherland v Eurolinx Pty Ltd (2001) 37 ACSR 477 Tolcher v National Australia Bank Ltd (2003) 174 FLR 251