NSW Caselaw
Reported Decision : 71 ACSR 343
New South Wales Supreme Court
CITATION : Nassar v Innovative Precasters Group Pty Ltd [2009] NSWSC 342
HEARING DATE(S) : 07/04/09, 08/04/09, 15/04/09
JUDGMENT DATE : 1 May 2009
JURISDICTION : Equity Division Corporations List
JUDGMENT OF : Barrett J
DECISION : Orders for winding up on the just and equitable ground.
CATCHWORDS : CORPORATIONS - membership, rights and remedies - oppression, unfair prejudice and unfair discrimination - shares held by three members in equal proportions - whether members in partnership - whether "quasi partnership" - whether understanding as to participation in day-to-day management - termination by the company of arrangement under which services of one member are made available to the company - whether exclusion in breach of understanding - whether denial of expectation of fair arrangement for withdrawal - where departure of relevant member followed physical altercation between him and another member - irretrievable breakdown superseded original understandings and expectations - just and equitable that company be wound up
LEGISLATION CITED : Corporations Act 2001 (Cth), ss 232, 233, 461
CATEGORY : Principal judgment
Accurate Financial Consultants Pty Ltd v Koko Black Pty Ltd [2008] VSCA 86; (2008) 66 ACSR 325 Belgiorno-Zegna v Exben Pty Ltd [2000] NSWSC 884; (2000) 35 ACSR 305 Brooker v Friend & Brooker Pty Ltd [2006] NSWCA 385 Campbell v Backoffice Investments Pty Ltd [2008] NSWCA 95; (2008) 66 ACSR 359 Dosike Pty Ltd v Johnson (1996) 16 WAR 241 Ebrahimi v Westbourne Galleries Ltd [1973] AC 360 Fexuto Pty Ltd v Bosnjak Holdings Pty Ltd [2001] NSWCA 97; (2001) 37 ACSR 672 John J Starr (Real Estate) Pty Ltd v Robert R Andrew (A'Asia) Pty Ltd (1991) 6 ACSR 63 CASES CITED : Manning River Co-operative Dairy Co Ltd v Shoesmith [1915] HCA 32; (1915) 19 CLR 71 MMAL Rentals Pty Ltd v Bruning [2004] NSWCA 451; (2004) 63 NSWLR 167 Morgan v 45 Flers Avenue Pty Ltd (1986) 10 ACLR 692 O'Neill v Phillips [1999] 1 WLR 1092 Re Bell Bros Ltd (1891) 65 LT 245 Remrose Pty Ltd v Allsilver Holdings Pty Ltd [2005] WASC 251; (2005) 225 ALR 588 Saykan v Elhan [2006] VSCA 230 Smolarek v Liwszyc [2006] WASCA 50; (2006) 32 WAR 101 Thomas v H.W. Thomas Ltd [1984] 1 NZLR 686 Wayde v New South Wales Rugby League Ltd [1985] HCA 68; (1985) 180 CLR 459
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