Goldana Investments Pty Ltd (recs & mgrs apptd) v National Mutual Life Nominees Ltd & ors [2011] NSWSC 1134

Supreme Court New South Wales

Medium Neutral Citation: Goldana Investments Pty Ltd (recs & mgrs apptd) v National Mutual Life Nominees Ltd & ors [2011] NSWSC 1134 Hearing dates: 19 September 2011 Decision date: 22 September 2011 Jurisdiction: Equity Division - Corporations List Before: Ward J Decision: Summons dismissed with costs Catchwords: CORPORATIONS - application for termination of receivership or removal of receivers and managers - HELD - application dismissed Legislation Cited: Corporations Act 2001 (Cth) Income Tax Assessment Act 1936 (Cth) Real Property Act 1900 (NSW) Taxation Administration Act 1953 (Cth) Cases Cited: Artistic Builders Pty Ltd v Elliot & Tuthill (Mortgages) Pty Ltd [2002] NSWSC 16; (2002) 10 BPR 19,565 Australian Securities and Investments Commission v Forestview Nominees Pty Ltd (recs and mgrs apptd) [2006] FCA 1530; (2006) 236 ALR 652 Australian Securities and Investments Commission v Lanepoint Enterprises Pty Ltd; ASIC v Bowesco Pty Ltd [2006] FCA 1493; (2006) 64 ATR 524 Bank of New South Wales v Federal Commissioner of Taxation (1979) 145 CLR 438 Barkworth Olives Management Pty Ltd v Deputy Commissioner of Taxation [2010] QCA 80 Bluebottle UK Ltd v Deputy Commissioner of Taxation [2007] HCA 54; (2007) 232 CLR 598 Bowesco Pty Ltd v Cronin [2008] WASC 296; (2008) 223 FLR 21 Brighten Pty Ltd v Bank of Western Australia [2011] NSWSC 816 Expo International Pty Ltd (in liq) v Chant [1979] 2 NSWLR 820 Forest Marsh Pty Ltd v Pleash [2011] FCA 134; (2011) 82 ACSR 164 Fraser v Australian Securities and Investments Commission, Re Lanepoint Enterprises Pty Ltd [2007] FCAFC 85; (2007) 62 ACSR 708 GE Capital Australia v Davis & Ors [2002] NSWSC 1146; (2002) 180 FLR 250 Jones v Dunkel (1959) 101 CLR 298 Kwok v Bank of Western Australia Ltd [2011] FMCA 559 Category: Principal judgment Parties: Goldana Investments Pty Ltd (recs and mgrs apptd) (Plaintiff) National Mutual Life Nominees Ltd (First Defendant) National Mutual Life Association Australasia Ltd (Second Defendant) John Melluish (Third Defendant) George Georges (Fourth Defendant) Representation: Counsel C Lonergan (Plaintiff) J White (Defendants) Solicitors Jackson Lalic (Plaintiff) Gadens (Defendants) File Number(s): 11/242061