Willi Kruger re Kruger Engineering Pty Ltd [2006] NSWSC 1063

Reported Decision : 60 ACSR 191

New South Wales Supreme Court

CITATION : Willi Kruger re Kruger Engineering Pty Ltd [2006] NSWSC 1063

HEARING DATE(S) : 09/10/06

JUDGMENT DATE : 11 October 2006

JURISDICTION : Equity Division Corporations List

JUDGMENT OF : Barrett J

DECISION : Remedial orders under s.447A

CATCHWORDS : CORPORATIONS - voluntary administration - resolution at s.439A meeting that deed of company arrangement be executed - deed not executed - subsequent meeting of creditors resolves that company execute different deed - steps taken to implement the alternative deed - whether s.447A available to validate alternative deed - whether s.447A order should be made - PROCEDURE - corporations - ex parte application for validating orders - sufficient notice to all creditors - one creditor expresses willingness to be contradictor if assured in advance of full costs on indemnity basis - communication by creditor accordingly with plaintiffs and judge's associate - inappropriate manner of communication with court

LEGISLATION CITED : Corporations Act 2001 (Cth), Part 5.3A, ss.436C, 439A, 439C, 444A, 444B, 445A, 445F, 446A, 447A,

Australasian Memory Pty Ltd v Brien (2000) 200 CLR 270 CASES CITED : Brandrill v Newmont Yandal Operations Pty Ltd [2006] NSWSC 974 Re Centaur Mining & Exploration Ltd (2005) 55 ACSR 293

PARTIES : Willi Kruger - First Plaintiff Giles Geoffrey Woodgate - Second Plaintiff

FILE NUMBER(S) : SC 5083/06

COUNSEL : Mr D.R. Pritchard - Plaintiffs

SOLICITORS : TurksLegal - Plaintiffs

IN THE SUPREME COURT OF NEW SOUTH WALES EQUITY DIVISION CORPORATIONS LIST

BARRETT J

WEDNESDAY, 11 OCTOBER 2006