In the matter of Aboriginal Connections Aboriginal Corporation (In Liquidation) and Guri Wa Ngundagar Aboriginal Corporation (In Liquidation) [2012] NSWSC 491

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Aboriginal Connections Aboriginal Corporation (In Liquidation) and Guri Wa Ngundagar Aboriginal Corporation (In Liquidation) [2012] NSWSC 491 Hearing dates: 4 October 2011, 19 April 2012 Decision date: 14 May 2012 Jurisdiction: Equity Division - Corporations List Before: Barrett JA Decision: Pooling order to be made Catchwords: CORPORATIONS - winding up - application for "pooling order" in respect of two entities in liquidation - one a company the other an Aboriginal and Torres Strait Islander corporation - whether the windings up of a "group" consisting of corporations of these different types may be pooled under either the Corporations Act 2001 (Cth) or the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (Cth) - held that they may not - the company later obtains re-registration under the Corporations (Aboriginal and Torres Strait Islander) Act and deregistration under the Corporations Act - application renewed under provisions of the Corporations Act applied by the Corporations (Aboriginal and Torres Strait Islander) Act to the windings up of Aboriginal and Torres Strait Islander corporations - consideration on the merits by reference to the six questions identified in Re Kirby Street (Holdings) Pty Ltd [2011] NSWSC 1536 - pooling approved Legislation Cited: Aboriginal Councils and Associations Act 1976 (Cth) Corporations Act 2011 (Cth), Subdivision B of Division 8 of Part 5.6, ss 9, 118, 579E(1), 579E(2), 579E(10), 579E(11), 579E(12), 579J, 579Q, 601AJ, 1337B Corporations (Aboriginal and Torres Strait Islander) Act 2006 (Cth), Division 22 of Part 2-2, ss 42(1), 42.3, 46(a)(iii), 48(3), 50, 526.35(1), 526.35(3), 586.5 Corporations (Aboriginal and Torres Strait Islander) Consequential, Transitional and Other Measures Act 2006 (Cth), para 3(1) of Division 1 of Part 2 of Schedule 3 Corporations Regulations 2001 (Cth), regs 5.6.73(1)(a), 5.673(1)(b), 5.6.73(2) Cases Cited: Allen v Feather Products Pty Ltd [2008] NSWSC 259; (2008) 72 NSWLR 597 Cant v Kirby [2011] NSWSC 1193 R v Toohey; Ex parte Meneling Station Pty Ltd [1982] HCA 69; (1982) 158 CLR 327 Re Australian Hotel Acquisition Ltd [2011] NSWSC 1374 Re Kirby Street (Holding) Pty Ltd [2011] NSWSC 1536; (2011) 87 ACSR 84 Category: Principal judgment Parties: In the matter of Aboriginal Connections Aboriginal Corporation (In Liquidation) and Guri WA Ngundagar Aboriginal Corporation (In Liquidation) Ian James Purchas - Plaintiff Representation: J Baird - Plaintiff TressCox Lawyers - Plaintiff File Number(s): 2011/00296187