NSW Caselaw
New South Wales Supreme Court
CITATION : Lift Capital Partners Pty Limited (in liquidation) [2008] NSWSC 1369
HEARING DATE(S) : 12/12/08
JUDGMENT DATE : 12 December 2008
JURISDICTION : Equity Division Corporations List
JUDGMENT OF : Barrett J
EX TEMPORE JUDGMENT DATE : 12 December 2008
DECISION : Interlocutory process of Anthony Famularo filed on 24 November 2008 dismissed with costs.
CATCHWORDS : CORPORATIONS - winding up - examination summons - application for order discharging - where liquidator's purpose is to assess viability and worth of causes of action for debt against certain companies and a guarantor of their obligations - whether impermissible purpose - whether discretion to discharge should be exercised
LEGISLATION CITED : Corporations Act 2001 (Cth), ss 596B, 597(4) Supreme Court (Corporations) Rules 1999. rule 11.5(2)
CATEGORY : Procedural and other rulings
Ariff v Fong [2007] NSWCA 183; (2007) 63 ACSR 384 Meteyard v Love [2005] NSWCA 444; (2005) 56 ACSR 487 CASES CITED : Re New Tel Pty Ltd; Evans v Wainter [2005] FCAFC 114; (2005) 145 FCR 176 Re Pan Pharmaceuticals Ltd [2003] NSWSC 1204; (2003) 48 ACSR 452 Re Total Entity Pty Ltd [2003] NSWSC 924; (2003) 47 ACSR 577
TEXTS CITED : McPherson's Law of Company Liquidation, pp 15.2065 and 15.2066
PARTIES : Anthony Gregory McGrath and Joseph David Hayes (as administrators of Lift Capital Partners Pty Limited and Lift Capital Nominees Pty Limited) - Plaintiffs Anthony Famularo - Applicant
FILE NUMBER(S) : SC 5518/08
We try to embed the page this law was scraped from. If the site blocks framing, you still get the link and a local excerpt.
Last checked with source on —
Checking whether the official page can be embedded…
Plain-English simplify of this law: a short summary, key points, and both sides of the argument. Generated on first view via Replicate, then cached. Vote on what helps your study.
No study brief is cached for this law yet. Sign up to generate a plain-English brief.
Sign up to generate