NSW Caselaw
Reported Decision : 262 ALR 150 74 ACSR 616
New South Wales Supreme Court
CITATION : Walker re One.Tel Ltd [2009] NSWSC 1172
HEARING DATE(S) : 28/10/09
JUDGMENT DATE : 3 November 2009
JURISDICTION : Equity Division Corporations List
JUDGMENT OF : Barrett J
DECISION : Direction to liquidators as set out at paragraph 39
CATCHWORDS : CORPORATIONS - winding up - creditors voluntary winding up - annual meeting of creditors - meeting adjourned - business remaining is confined to report of special purpose liquidator and possible motions concerning his administration and for reconstitution of committee of inspection - neither of the liquidators by whom the meeting was convened wishes to chair the balance of the meeting - their power to nominate a person to preside will then be exercisable - whether appropriate that special purpose liquidator chair the balance of the meeting - whether appropriate that insolvency practitioner unconnected with the winding up chair the balance of the meeting
LEGISLATION CITED : Corporations Act 2001 (Cth) Part 5.3A, ss 439A, 439B, 439E, 508, 511, 547, 548 Corporations Regulations 2001 (Cth), reg 5.6.17(1)
CATEGORY : Principal judgment
Bainbridge v Smith (1889) 41 Ch D 462 Bovis Lend Lease Pty Ltd v Wily [2003] NSWSC 467; (2003) 45 ACSR 612 Clifton v Mount Morgan Ltd (1940) 40 SR (NSW) 31 Dickason v Edwards [1910] HCA 7; (1910) 10 CLR 243 Hanlon v Brookes (1996) ATPR 41-523 McKerlie v Drillsearch Energy Ltd [2009] NSWSC 488; (2009) 72 ACSR 288 Onefone Australia Pty Ltd v One.Tel Ltd [2003] NSWSC 1228; (2003) 48 ACSR 562 Re A & D Hagan Pty Ltd [2003] NSWSC 531; (2003) 46 ACSR 434 CASES CITED : Re Ballan Pty Ltd (1993) 46 FCR 106 Re CMPS&F Pty Ltd (1997) 24 ACSR 728 Re HIH Casualty & General Insurance Ltd [2006] NSWSC 485; (2006) 57 ACSR 791 Re Love (as liquidator of 007 368 257 Limited) [2003] NSWSC 58; (2003) 44 ACSR 367 Re Norris Industries Pty Ltd (unreported, NSWSC, 23 March 1992). Second Consolidated Trust Ltd v Ceylon Amalgamated Tea and Rubber Estates Ltd [1943] 2 All ER 567 Smits v Roach [2006] HCA 36; (2006) 227 CLR 423 Stanham v National Trust of Australia (New South Wales) (1989) 15 ACLR 87 Weston v Publishing and Broadcasting Ltd [2009] NSWSC 321; (2009) 71 ACSR 577 Wilson v PLT Pipetech Pty Ltd (1988) 14 ACLR 697
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