In the matter of Melinda Scott and Roach Graham Scott Pty Ltd [2012] NSWSC 1643

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Melinda Scott and Roach Graham Scott Pty Ltd [2012] NSWSC 1643 Hearing dates: 3 December 2012 Decision date: 03 December 2012 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Declarations as to contraventions of Corporations Act made; order made disqualifying first defendant from managing corporations; orders made restraining first and second defendants from carrying on financial services business. Catchwords: FINANCIAL SERVICES - Dishonest conduct by representative - admissions of contraventions of ss 1041G and 1311 of the Corporations Act - declarations of contravention of the Corporations Act - order restraining carrying on financial services - disqualification from managing corporation. Legislation Cited: - Australian Securities and Investments Commission Act 2001 s 13 - Corporations Act 2001 (Cth) ss 206E, 1041G, 1101B, 1311 Cases Cited: - Australian Securities and Investments Commission v Axis International Management Pty Ltd (No 6) ; [2011] FCA 811; (2011) 84 ACSR 703 - Australian Securities and Investments Commission v Beekink [2007] FCAFC 7; (2007) 238 ALR 595; 61 ACSR 305 - Australian Securities and Investments Commission v Citrofresh International Ltd (No 3) [2010] FCA 292; (2010) 268 ALR 303; 77 ACSR 392 - Australian Securities & Investments Commission v Lindberg [2012] VSC 332 - Australian Securities and Investments Commission v McDougall [2006] FCA 427; (2006) 229 ALR 158; 57 ACSR 175 - Australian Securities and Investments Commission v PFS Business Development Group Pty Ltd [2006] VSC 192; (2006) 57 ACSR 553 - Australian Securities and Investments Commission v Vines [2006] NSWSC 760; (2006) 58 ACSR 298 - Braun v R [2008] NSWCCA 269; (2008) 68 ACSR 539 - Briginshaw v Briginshaw [1938] HCA 34; (1938) 60 CLR 336 - Commissioner for Corporate Affairs (WA) v Ekamper (1987) 12 ACLR 519; 6 ACLC 90 - Peters v R (1998) 192 CLR 493; 151 ALR 51 - R v Ghosh [1982] QB 1053; [1982] 2 All ER 689; [1982] 3 WLR 110 - Re HIH Insurance Ltd (in prov liq) and HIH Casualty and General Insurance Ltd (in prov liq); Australian Securities and Investments Commission v Adler [2002] NSWSC 483; (2002) 42 ACSR 80 - Rich v Australian Securities and Investments Commission [2004] HCA 42; (2004) 220 CLR 129 Category: Principal judgment Parties: Australian Securities and Investments Commission (Plaintiff) Melinda Scott (First Defendant) Roach Graham Scott Pty Ltd (Second Defendant) Roach Scott Pty Ltd atf Roach Scott Family Trust (Third Defendant) Representation: Counsel: D.R. Stack (Plaintiff) A. Tiedt (sol) (Defendants) Solicitors: Australian Securities & Investments Commission (Plaintiff) Armstrong Legal (Defendants) File Number(s): 2012/151014