Haselgrove v Lavender Estates Pty Limited [2009] NSWSC 1076

New South Wales Supreme Court

CITATION : Haselgrove v Lavender Estates Pty Limited [2009] NSWSC 1076

HEARING DATE(S) : 28 September 2009

JUDGMENT DATE : 9 October 2009

JURISDICTION : Equity Division Corporations List

JUDGMENT OF : Ward J at 1

DECISION : Winding up order made. Order to be stayed to allow meeting to occur.

CATCHWORDS : CORPORATIONS - winding up - applications for winding up by court - application by majority shareholder/director plaintiff that company be wound up - application opposed by other director - whether company should be wound up under s 233(1)(a) and/or s 463(1)(k) of the Corporations Act - held that, subject to parties being given final opportunity to convene meeting to address company's future conduct, company should be wound up - orders stayed for a period to allow meeting to take place

LEGISLATION CITED : Corporations Act 2001 Family Provision Act 1982

CATEGORY : Principal judgment

Ebrahimi v Westbourne Galleries Pty Limited [1973] AC 360 Gibson v Haselgrove; Delmont v Haselgrove [2009] NSWSC 496 International Hospitality Concepts Pty Limited v National Marketing Concepts Inc (No 2) (1994) 13 ACSR 368 Kelson Investments Pty Limited v KGE Electric Pty Limited (1993, SC NSW unreported) McMillan v Toledo Enterprises International Pty Limited (1995) 18 ACSR 603 Re City Meat Co Pty Ltd (1983) 8 ACLR 673 CASES CITED : Re Cumberland Holdings Limited (1976) 1 ACLR 361 Re NRMA Limited (No 1) (2000) ACSR 595 Re Tivoli Freeholds Ltd [1972] VR 445 Re Wondoflex Textiles Pty Ltd [1951] VLR 458 Re Yenidje Tobacco Limited [1916] 2 Ch 426 Stapp v Surge Holdings Pty Limited (1999) 31 ACSR 35 Strong v Brough & Son (Strathfield) (1991) 5 ACSR 296