In the matter of Rectron Electronics Pty Ltd [2013] NSWSC 610

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Rectron Electronics Pty Ltd [2013] NSWSC 610 Hearing dates: 14 May 2013 Decision date: 21 May 2013 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Interlocutory relief granted. Orders made for the transfer of the proceedings to the Supreme Court of Victoria. Catchwords: EQUITY - equitable remedies - injunctions - injunction sought to restrain defendants from carrying out transactions on company's bank account without consent - whether prima facie case or serious question to be tried - whether balance of convenience favours granting injunction - whether lesser relief appropriate.

PROCEDURE - order sought for transfer of proceedings to Supreme Court of Victoria - whether the Jurisdiction of Courts (Cross-Vesting) Act 1987 (Cth) is applicable legislation - whether having regard to the interests of justice, it is more appropriate for the proceeding to be determined by another court - whether the court should exercise its discretion to transfer proceedings. Legislation Cited: - Civil Procedure Act 2005 (NSW) s 90(1) - Corporations Act 2001 (Cth) ss 1322, 1322(2), 1337A(1), 1337H(1), 1337H(2), 1337L - Jurisdiction of Courts (Cross-Vesting) Act 1987 (Cth) s 52(2) - Supreme Court (Corporations) Rules 1999 (NSW) - Uniform Civil Procedure Rules 2005 (NSW) r 36.1 Cases Cited: - Australian Broadcasting Corporation v O'Neill [2006] HCA 46; (2006) 227 CLR 57 - Dwyer v Hindal Corporate Pty Ltd [2005] SASC 24; (2005) 52 ACSR 335 - Farrell v Mulroney [1978] 1 NSWLR 221 - Fletcher & Ors v Fortress Credit Corporation (Australia) II Pty Ltd [2012] QSC 359 - Matyear v Prismex Technologies Pty Ltd [2006] NSWSC 1350; (2006) 60 ACSR 210 - NSW Trustee and Guardian v Schneider [2011] NSWSC 424 - Stratford Sun Ltd v OM Holdings Ltd [2011] FCA 414; (2011) 83 ACSR 84 - Westgate Wool Co Pty Ltd (in liq) [2006] SASC 372; (2006) 206 FLR 190 Category: Interlocutory applications Parties: Rectron Australia BV (Plaintiff) Chien-Min Lu (First Defendant) Hung-Chih Lu (Second Defendant) Rectron Electronics Pty Limited (Third Defendant) Representation: Counsel: Ms K. Dawson (Plaintiff) S.K. Wilson SC/F. Lim (First Defendant) Solicitors: Deutsch Miller (Plaintiff) Francis Lim Barristers & Solicitors (First Defendant) File Number(s): 2013/145336