In the matter of C2C Investments Pty Limited [2012] NSWSC 1443

Supreme Court New South Wales

Medium Neutral Citation: In the matter of C2C Investments Pty Limited [2012] NSWSC 1443 Hearing dates: 15 November 2012 Decision date: 28 November 2012 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Interlocutory Process dismissed with costs. Catchwords: CORPORATIONS - Winding up - Substitution of applicants - Whether applicant was someone who might otherwise have applied for company to be wound up - Whether court should decline to order substitution in circumstances where a registrar has decided to allow it. PRACTICE AND PROCEDURE - Review of decision of registrar - Uniform Civil Procedure Rules 2005 (NSW) r 49.19 - Application to set aside decision of a registrar. Legislation Cited: -Civil Procedure Act 2005 (NSW) ss56-58 - Corporations Act 2001 (Cth) ss 420A, 459C(1), 459C(2)(a), 459E, 459H, 459P, 459P(1), 459P(1)(b), 459Q, 461, 462, 465B, 465B(1), 465B(2) - Supreme Court Rules 1970 (NSW) Pt 80 r 21 - Uniform Civil Procedure Rules 2005 (NSW) rr 13.4, 49.19 Cases Cited: - Artistic Builders Pty Ltd v Elliot & Tuthill (Mortgages) Pty Ltd [2002] NSWSC 16; (2002) 10 BPR 19,565 - Beverage Holdings Pty Ltd v Greater Pacific Investments Pty Ltd (1990) 3 ACSR 743 - Central City Pty Ltd v Montevento Holdings Pty Ltd [2011] WASCA 5 - Chadwick Industries (South Coast) Pty Ltd v Condensing Vaporisers Pty Ltd (1994) 13 ACSR 37 - CVC Investments Pty Ltd v P & T Aviation Pty Ltd (1989) 18 NSWLR 295; 7 ACLC 1218 - Deputy Commissioner of Taxation v Sun Heating Pty Ltd [1983] 2 NSWLR 78; (1983) 8 ACLR 314 - Deputy Commissioner of Taxation v Rural and General Insurance Broking Pty Ltd [2011] FCA 683; (2011) 84 ACSR 555 - DMK Building Materials Pty Ltd v CB Baker Timbers Pty Ltd (1985) 2 MSW:R 74; 10 ACLR 16 - Earthwave Corporation Pty Ltd v Starcom Group Pty Ltd [2011] NSWSC 694 - Eyota Pty Ltd v Hanave Pty Ltd (1994) 12 ACSR 785 - Florgale Uniforms Pty Ltd v Orders [2004] VSC 65; (2004) 11 VR 54; 51 ACSR 699 - JPQS Pty Ltd v Redpen Developments Pty Ltd [2009] NSWSC 687 - John Holland Construction and Engineering Pty Ltd v Kilpatrick Green Pty Ltd (1994) 14 ACSR 250 - Menzies v Paccar Financial Pty Ltd [2011] FCA 460 - Mibor Investments Pty Ltd v Commonwealth Bank of Australia [1994] 2 VR 290; (1993) 11 ACSR 362 - Mijac Investments Pty Ltd v Graham (No 2) [2009] FCA 773; (2009) 72 ACSR 684 - Motor Terms Co Pty Ltd v Liberty Insurance Ltd (in liq) (1967) 116 CLR 177 - Panel Tech Industries (Australia) Pty Ltd v Australian Skyreach Equipment Pty Ltd (No 2) [2003] NSWSC 896 - South East Water Ltd v Kitoria Pty Ltd (1996) 21 ACSR 465 - Tokich Holdings Pty Ltd v Sheraton Constructions (NSW) Pty Ltd (in liq) [2004] NSWSC 527; (2004) 185 FLR 130 - Tomko v Palasty (No 2) [2007] NSWCA 369; (2007) 71 NSWLR 61 - Ultimate Property Group Pty Ltd v Lord [2004] NSWSC 114; (2004) 60 NSWLR 646; 22 ACLC 423 Category: Interlocutory applications Parties: Commonwealth Bank of Australia (Plaintiff/Respondent) C2C Investments Pty Limited (Defendant/Applicant) Representation: Counsel: P. Newton/A. Kaufmann (Plaintiff) M. Jacobs QC (Defendant/Applicant) Solicitors: Gadens Lawyers (Plaintiff/Respondent) Platinum Lawyers (Defendant/Applicant) File Number(s): 12/62000