ML v Australian Securities and Investments Commission [2013] NSWSC 283

Supreme Court New South Wales

Medium Neutral Citation: ML v Australian Securities and Investments Commission [2013] NSWSC 283 Hearing dates: 30 - 31/01/2013 Decision date: 03 April 2013 Jurisdiction: Common Law Before: Rothman J Decision: (1) Summons and proceedings dismissed; (2) The plaintiff shall pay the first defendant's costs of and incidental to the proceedings, as agreed or assessed. Catchwords: PRACTICE AND PROCEDURE - inherent jurisdiction of the Court - application for stay of disciplinary proceedings pending possible criminal proceedings - whether jurisdiction ousted by s 9 of Administrative Decisions (Judicial Review) Act 1977 (Cth) - public interest in disciplinary proceedings - any unfair prejudice capable of being protected otherwise - summons dismissed Legislation Cited: Administrative Decisions (Judicial Review) Act 1977 (Cth) Corporations Act 2001 (Cth) Evidence Act 1995 Judiciary Act 1903 (Cth) Supreme Court Act 1970 Cases Cited: Australian Securities & Investments Commission in the matter of Northwest Resources Limited v Craigside Company Limited BVI company number 74124 named in the Schedule [2013] FCA 201 Australian Securities and Investments Commission v HLP Financial Planning (Aust) Pty Ltd [2007] FCA 1868; (2007) 164 FCR 487 Australian Securities Commission v Kavanagh (1993) 12 ACSR 69 Baker v Commissioner of the Australian Federal Police [2000] FCA 1339; (2000) 104 FCR 359 Bannister v Director-General Department of Corrective Services [2002] QSC 469; (2002) 146 A Crim R 453 Ceasar v Sommer [1980] 2 NSWLR 929 Connelly v Director of Public Prosecutions [1964] AC 1254 Elliot v Australian Prudential Regulation Authority [2004] FCA 586 Hammond v Commonwealth of Australia [1982] HCA 42; (1982) 152 CLR 188 Herron v McGregor (1986) 6 NSWLR 246 Johnston v Cameron [2002] FCA 948 Kirk v Industrial Commission of New South Wales [2010] HCA 1; (2010) 239 CLR 531 Legal Services Commissioner v Brereton (Legal Practice) [2008] VCAT 1341 McMahon v Gould (1982) 7 ACLR 202 Project Blue Sky Inc v Australian Broadcasting Authority [1998] HCA 28; (1998) 194 CLR 355 R v CB; MP v R [2011] NSWCCA 264 R v Seller; R v McCarthy [2013] NSWCCA 42 Re AWB Ltd (No 1) [2008] VSC 473; (2008) 21 VR 252 Sage v Australian Securities Investments Commission [2005] FCA 1043 SD v New South Wales Crime Commission [2013] NSWCA 48 Smith v Selwyn [1914] 3 KB 98 Category: Principal judgment Parties: ML (Plaintiff) Australian Securities and Investment Commission (First Defendant) Companies Auditors and Liquidators Disciplinary Board (Second Defendant) Representation: Counsel: R F Sutherland SC / M Castle (Plaintiff) N J Williams SC / PD Herzfeld (First Defendant) Submitting appearance (Second Defendant) Solicitors: Armstrong Legal (Plaintiff) Australian Securities and Investment Commission (First Defendant) Australian Government Solicitor (Second Defendant) File Number(s): 2012/354424 Publication restriction: The plaintiff's name or any information identifying the plaintiff will not be published until the conclusion of any criminal proceedings