In the matter of Octaviar Limited (receivers and managers appointed) (in liquidation) and Octaviar Administration Pty Limited (in liquidation) [2013] NSWSC 62

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Octaviar Limited (receivers and managers appointed) (in liquidation) and Octaviar Administration Pty Limited (in liquidation) [2013] NSWSC 62 Hearing dates: 7 December 2012 Decision date: 08 February 2013 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Interlocutory Processes dismissed. Applicants to pay the costs of the proceedings. Catchwords: CORPORATIONS - Voidable transactions - Application to set aside order previously made under Uniform Civil Procedure Rules r 36.16 varying an order to extend time under Corporations Act 2001 (Cth) s 588FF(3)(b) - Whether s 588FF(3)(b) excludes an application made under r 36.16 - Whether the time period in s 588FF(3) had expired - Whether r 36.16 is not 'picked up' by s 79 Judiciary Act Legislation Cited: - Civil Aviation (Carriers' Liability) Act 1959 (Cth) s 34 - Civil Procedure Act 2005 (NSW) - Commonwealth Constitution ss 75, 109 - Commonwealth Electoral Act 1918 (Cth) s 335(e) - Corporations Act 2001 (Cth) ss 588FF, 588FF(1), 588FF(3), 588FF(3)(a), 588FF(3)(b), 1322(4)(d) - Judicature Act 1873 (UK) s 100 - Judiciary Act 1903 (Cth) s 79 - Supreme Court Act 1070 (NSW) s 19 - Supreme Court (General Civil Procedure) Rules 1996 (Vic) Supreme Court Rules 1970 Pt 40 r 9 Supreme Court of Queensland Act 1991 (Qld) s 81 - Uniform Civil Procedure Rules 2005 (NSW) rr 36.16, 36.16(2), 36.16(2)(b), 36.16(2)(c), 4.1, 4.2(1), 4.2(2), 5.4, 1.12 Cases Cited: - Agtrack (NT) Pty Ltd v Hatfield [2005] HCA 38; (2005) 233 CLR 251 - BP Australia Ltd v Brown [2003] NSWCA 216; (2003) 58 NSWLR 322 - Cameron v Cole (1994) 68 CLR 571 - Douglass v Gillman (1990) 19 NSWLR 570 - Gordon v Tolcher [2006] HCA 62; (2006) 231 CLR 334 - Greig v Stramit Corporation Pty Ltd [2004] 2 Qd R 17 - Jacques v Harrison (1883) 12 QBD 136 - John Alexander's Clubs Pty Ltd v White City Tennis Club Ltd [2010] HCA 19; (2010) 241 CLR 1; 266 ALR 462 - News Corporation Ltd v Lenfest Communications Inc (1996) 40 NSWLR 250; (1996) 21 ACSR 403 - Nicholson v Nicholson (1974) 2 NSWLR 59 - Onefone Australia Pty Ltd v One.Tel Ltd [2007] NSWSC 69; (2007) 61 ACSR 246 - Onefone Australia Pty Ltd v One.Tel Ltd [2007] NSWSC 268; 61 ACSR 429 - Park & McIntosh v Lanray Industries Pty Ltd [2010] QCA 257 - R v Murray, Ex parte Commonwealth [1916] HCA 58; (1916) 22 CLR 437 - Rudolphy v Lightfoot [1999] HCA 61; (1999) 197 CLR 500 - Scott v Casualife Furniture International Ltd [2005] VSC 463; (2005) 56 ACSR 218 - Workers Compensation Nominal Insurer v Detailed Flooring Pty Ltd [2010] NSWSC 1056; (2010) 80 ACSR 1 Category: Interlocutory applications Parties: William John Fletcher and Katherine Elizabeth Barnet as liquidators of Octaviar Limited (receivers and managers appointed) (in liquidation) and Octaviar Administration Pty Limited (in liquidation) (First Plaintiffs) Octaviar Limited (receivers and managers appointed (in liquidation) (Second Plaintiff) Octaviar Administration Pty Limited (in liquidation) (Third Plaintiff) 333 Capital Pty Limited (First Applicant) Grant Samuel Corporate Finance Pty Limited (Second Applicant) JPMorgan Chase Bank, National Association (Third Applicant) J.P. Morgan Securities Australia Limited (Fourth Applicant) Representation: Counsel: B.A. Coles QC/ P. Dowdy/A. Flecknoe-Brown (Plaintiffs) R. McHugh SC/V. Whittaker (First Applicant) G.K.J. Rich (Second Applicant) C.R.C. Newlinds SC/S. Nixon (Third and Fourth Applicants) Solicitors: Henry Davis York (Plaintiffs) Arnold Bloch Leibler (First Applicant) Watson Mangioni (Second Applicant) Corrs Chambers Westgarth (Third and Fourth Applicants) File Number(s): 2011/153330