NSW Caselaw
Reported Decision : 57 ASCR 451 (2006) 24 ACLC 761
New South Wales Supreme Court
CITATION : Albarran v Pascoe [2006] NSWSC 418
HEARING DATE(S) : 4 & 5 May 2006
JUDGMENT DATE : 5 May 2006
JURISDICTION : Equity
JUDGMENT OF : Austin J
EX TEMPORE JUDGMENT DATE : 05/05/2006
DECISION : Order made under s 447A(1)
CATCHWORDS : CORPORATIONS - voluntary administration - directors who resolve to appoint administrators are undischarged bankrupts - whether s 447A(1) available to cause Part 5.3A to apply notwithstanding invalidity of resolution
LEGISLATION CITED : Corporations Act 2001 (Cth) ss 206A, 206B, 436A, 447A, 1322
Australasian Memory Pty Limited v Brien (2000) 200 CLR 270 CASES CITED : Deputy Commissioner of Taxation v Portinex Pty Ltd (2000) 34 ACSR 391 Re Wood Parsons Pty Ltd (in liq) (2002) 43 ACSR 257 Wagner v International Health Promotions (Administrator Appointed) (1994) 15 ACSR 419
Richard Albarran (P1) PARTIES : Robert Elliot (P2) Scott Pascoe, Trustee of the Bankrupt Estates of Savvas Ioannou and Maria Ioannou (D)
FILE NUMBER(S) : SC 2557/06
COUNSEL : S Golledge (A) D McCrostie (R)
SOLICITORS : Etienne Lawyers (A) Turks Legal (R)
IN THE SUPREME COURT OF NEW SOUTH WALES EQUITY DIVISION
AUSTIN J
FRIDAY 5 MAY 2006
2557/06 RICHARD ALBARRAN & ANOR V SCOTT PASCOE – TRUSTEE OF THE BANKRUPT ESTATES OF SAVVAS IOANNOU AND MARIA IOANNOU
JUDGMENT (Ex tempore; revised 5 May 2006)
1 HIS HONOUR: By an originating process filed on 1 May 2006, the plaintiffs, Mr Albarran and Mr Elliott, seek orders for the purposes of validating their appointment as voluntary administrators of a company called SMTC Pty Ltd.
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