Onefone Australia Pty Ltd v One.Tel Ltd [2008] NSWSC 1335

New South Wales Supreme Court

CITATION : Onefone Australia Pty Ltd v One.Tel Ltd [2008] NSWSC 1335

HEARING DATE(S) : 04/11/08, 05/11/08, 06/11/08, 07/11/08

JUDGMENT DATE : 12 December 2008

JURISDICTION : Equity Division Corporations List

JUDGMENT OF : Barrett J

DECISION : See paragraph [65]

CATCHWORDS : CORPORATIONS - winding up - creditors voluntary winding up - special purpose liquidator appointed by court - application for orders concerning that liquidator's remuneration and expenses - provisions applicable to fixing of remuneration - committee of inspection - statutory role and responsibility of committee concerning fixing of remuneration - other functions of committee in creditors voluntary winding up

Companies Act 1936, ss 232(1), 238, 275 Companies (Consolidation) Act 1908 (UK) LEGISLATION CITED : Companies (Winding-up) Act 1890 (UK), s 6 Corporations Act 2001 (Cth), Division 5 Part 5.6 Part 5.3A, ss 446A, 479(1), 499(3), 511(1)(a), (b), 511(2), 548(1), 556(1), 1479(7) Corporations (Insolvency) Amendment Act 2007 (Cth),

CATEGORY : Principal judgment

Advance Housing Pty Ltd v Newcastle Classic Development Pty Ltd (1994) 14 ACSR 230 Ansett Australia Ground Staff Superannuation Plan Pty Ltd v Ansett Australia Ltd [2002] VSC 576; (2002) 174 FLR 1 Burns Philp Investment Pty Ltd v Dickens (No 2) (1993) 31 NSWLR 280 Grime Carter and Co Pty Ltd v Whytes Furniture (Dubbo) Pty Ltd [1983] 1 NSWLR 158 Lo v Nielsen & Moller Autoglass Pty Ltd [2008] NSWSC 407; (2008) 26 ACLC 497 McGrath; Re HIH Insurance Ltd [2006] NSWSC 385 Onefone Australia Pty Ltd v One.Tel Ltd [2003] NSWSC 1228; (2003) 48 ACSR 562 Onefone Australia Pty Ltd v One.Tel Ltd [2006] NSWSC 815; (2006) 58 ACSR 466 CASES CITED : Onefone Australia Pty Ltd v One.Tel Ltd [2006] NSWSC 1447 Re Cobar Mines Pty Ltd (unreported, NSWSC Santow J, 22 June 1998) Re Gallard; Ex parte Gallard [1896] 1 QB 68 Re Just Juice Corporation Pty Ltd (1992) 8 ACSR 444 Re Korda; Stockford Ltd [2004] FCA 1682; (2004) 140 FCR 424 Re Obie Pty Ltd (No 4) (1984) 8 ACLR 967 Re Spedley Securities Ltd (1991) 4 ACSR 555 Re Walker and another (as liquidators of One.Tel Ltd) [2005] NSWSC 557; (2005) 54 ACSR 11 Re Webb 1922 SC 226