NSW Caselaw
Reported Decision : 66 ACSR 564
New South Wales Supreme Court
CITATION : Carpenter v Pioneer Park Pty Ltd [2008] NSWSC 551
HEARING DATE(S) : 13/03/08, 16/04/08 Written submissions: 13/03/08, 23/04/08, 05/05/08
JUDGMENT DATE : 5 June 2008
JURISDICTION : Equity Division Corporations List
JUDGMENT OF : Barrett J
DECISION : Interlocutory process dismissed with costs
CATCHWORDS : CORPORATIONS - winding up - company in liquidation - leave previously granted to member under Part 2F.1A of Corporations Act and court's inherent jurisdiction to bring proceedings on behalf of company - those proceedings prosecuted to conclusion - judgment against company - member wishes to pursue appeal on behalf of company - whether existing leave extends to appeal - whether new grant of leave should be made - supervening Court of Appeal decision that Part 2F.1A not available where company in liquidation - application for new grant of leave pursued on basis of inherent jurisdiction only - relevant criteria discussed - assessment of case against those criteria - criteria not met - leave refused
LEGISLATION CITED : Corporations Act 2001 (Cth). Part 2F.1A, ss 236, 237, 447(6), 511(1) 1321 Uniform Civil Procedure Rules 2005, Part 51
CATEGORY : Principal judgment
Ahern v Deputy Commissioner of Taxation (1987) 76 ALR 137 Aliprandi v Griffith Vintners Pty Ltd (1991) 6 ACSR 250 Athens v Randwick City Council [2005] NSWCA 317; (2005) 64 NSWLR 58 Australia and New Zealand Banking Group Ltd v Carpenter [2007] FMCA 1589 Australian Securities Commission v Ampolex Ltd (1995) 38 NSWLR 504 Cape Breton Company v Fenn (1881) 17 ChD 198 Carpenter v Pioneer Park Pty Ltd [2004] NSWSC 1007; (2004) 51 ACSR 299 Chahwan v Euphoric Pty Ltd [2008] NSWCA 52; (2008) 65 ACSR 661 Gahahan Pty Ltd v Advance Bank of Australia Ltd [2001] ACTSC 118 Hayim v Citibank NA [1987] AC 730 Hilliard v Eiffe (1874) LR 7 HL 39 Lloyd-Owen v Bull [1936] 4 DLR 273 CASES CITED : Partnership Pacific Ltd v Aliprandi (1990) 4 ACSR 51 Pioneer Park Pty Ltd v Australia and New Zealand Banking Group Ltd [2006] NSWSC 883 Pioneer Park Pty Ltd v Australia and New Zealand Banking Group Ltd [2006] NSWSC 1176 Pioneer Park Pty Ltd v Australia and New Zealand Banking Group Ltd [2007] NSWCA 344 (30 November 2007); (2007) 65 ACSR 383 Ragless v IPA Holdings Pty Ltd (2008) SASC 90; (2008) 65 ACSR 700 Ramage v Waclaw (1988) 12 NSWLR 84 Re Bank of Gibraltar and Malta (1865) LR 1 Ch App 69 Re Imperial Bank of China India and Japan (1866) LR 1 Ch App 339 Russell v Westpac Banking Corporation (1994) 13 ACSR 5 Scarel Pty Ltd v City Loan & Credit Corporation Pty Ltd (unreported, NSWSC, 10 December 1987) Scarel Pty Ltd v City Loan & Credit Corp Pty Ltd (1988) 17 FCR 344 Sharpe v San Paulo Railway Co (1873) LR 8 Ch App 597 Vouris as liquidator of Cadima Express Pty Ltd v Deputy Commissioner of Taxation [1999] NSWSC 1143; (1999) 33 ACSR 527
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