In the matter of F&A Henry (Gowrie) Pty Limited (deregistered) [2012] NSWSC 1061

Supreme Court New South Wales

Medium Neutral Citation: In the matter of F&A Henry (Gowrie) Pty Limited (deregistered) [2012] NSWSC 1061 Hearing dates: 27 August 2012 Decision date: 06 September 2012 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: F&A Henry (Gowrie) Pty Ltd (drgd) ACN 000 254 179 be reinstated. The members' voluntary winding up be terminated immediately following re-registration. Catchwords: CORPORATIONS - Deregistration - Reinstatement - Corporations Act (2001) Cth) s 601AH(2) - Reinstatement by court - Satisfaction of the court as to whether it is just that company be reinstated - Circumstances in which company deregistered, purpose of reinstatement and public interest generally relevant to whether company should be reinstated. CORPORATIONS - Winding up - Termination - Power of court to terminate winding up - Attitude and interests of creditors, liquidator and contributories - Whether termination is in the public interest and the company is solvent - Whether any non-compliance with statutory duties and circumstances leading to wind up explained. Legislation Cited: - Corporations Act 2001 (Cth) ss 95A, 482, 509, 509(5), 511(1)(b), 568, 601AH, 601AH(2), 601AH(3), 601AH(5) Cases Cited: - Anderson v Palmer [2002] NSWSC 192 - Apostolou v VA Corporation of Australia Pty Ltd [2010] FCA 64; (2010) 77 ACSR 84 - Australian Competition and Consumer Commission v Australian Securities and Investments Commission [2000] NSWSC 316; (2000) 34 ACSR 232 - Box Valley Pty Ltd v Kidd [2006] NSWCA 26 - Callegher v Australian Securities and Investments Commission [2007] FCA 482; (2007) 239 ALR 749 - McKern v Pacific Edge Corporation Pty Ltd (in liq) [2004] NSWSC 1150; (2004) 51 ACSR 602 - Mercy & Sons Pty Ltd v Wanari Pty Ltd [2000] NSWSC 756; (2000) 35 ACSR 70 - New Cap Reinsurance Corporation Ltd (in liq) v A E Grant [2008] NSWSC 1015; (2008) 68 ACSR 176 - Prendergast v Rolcross Pty Ltd (in liq) [2008] NSWSC 146 - Re Centro Properties Ltd [2011] NSWSC 1171; (2011) 87 ACSR 131 - Re Graf Holdings Pty Ltd [1999] NSWSC 217 - Re Kitchen Dimensions Pty Ltd (in liq) [2012] VSC 280 - Re SNL Group Pty Ltd (in liq) [2010] NSWSC 797 - Re St George Bank Ltd [2007] NSWSC 134 - Re Warbler Pty Ltd (1982) 6 ACLR 526 - Re Yelin Group Pty Ltd [2012] NSWSC 74 - Rothwells Ltd (in liq) v Spedley Securities Ltd (in liq) (1990) 20 NSWLR 417 - Simms (as liquidator of Enron Australia Finance Pty Ltd (in liq)) v TXU Electricity Ltd [2003] NSWSC 1169; (2003) 204 ALR 658 - Vero Workers Compensation (NSW) Ltd v Ferretti Pty Ltd [2006] NSWSC 292; (2006) 57 ACSR 103 - White Constructions (ACT) Pty Ltd (in liq) v White [2004] NSWSC 71; (2004) 49 ACSR 220 Category: Principal judgment Parties: Bruce Henry (Plaintiff) Australian Securities and Investments Commission (Defendant) Representation: Counsel: A.G. Martin (Plaintiff) File Number(s): 12/248514