In the matter of Octaviar Administration Pty Ltd (in liquidation) [2013] NSWSC 786

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Octaviar Administration Pty Ltd (in liquidation) [2013] NSWSC 786 Hearing dates: 05/03/2013 Decision date: 14 June 2013 Jurisdiction: Equity Division - Corporations List Before: Young AJ Decision: Ex parte order extending time to pursue preferences set aside Catchwords: CORPORATIONS - winding up - preferences - time limits - application to extend - who should be notified - liquidators' duty of candour Legislation Cited: Uniform Civil Procedure Rules 2005 (NSW) Corporations Act 2001 (Cth) Cases Cited: re Australian Hotels Acquisition (in liq) [2011] NSWSC 1374 BP Australia Ltd v Brown [2003] NSWCA 216; (2003) 58 NSWLR 322 Barclay's Bank v Tom [1923] 1 KB 221 Brown v DML Resources Pty Ltd (No.2) [2001] NSWSC 590; (2001) NSWLR 685; (2001) 162 FLR 404; 39 ACSR 219 Delougher v Western [2010] NSWCA 148; (2010) 79 ACSR 180 re Green [2002] NSWSC 135; (2002) 41 ACSR 69 Hall v The Commissioner of Taxation [2004] NSWSC 985; (2004) 51 ACSR 173 re Imperial Continental Water Corporation (1886) 33 Ch D 314 Matthews v Ipex Pty Ltd [2007] SASC 387 News Ltd v Australian Rugby League [1996] FCA 1256; (1996) 64 FCR 410 re Octaviar Limited [2013] NSWSC 62. Pegang Mining Co Ltd v Choong Sam (1969) 2 PC 593; [1969] 2 MLJ 52 Streetscape Projects (Australia) Pty Ltd v The City of Sydney [2012] NSWCA 63 Scott v Casual Life Furniture Ltd [2005] VSC 463; (2005) 56 ACSR 218; 195 FLR 170 Weston v Publishing and Broadcasting Ltd [2011] NSWSC 433; (2011) 83 ACSR 206 Weston v Publishing and Broadcasting Ltd [2012] NSWCA 79; (2012) 88 ACSR 80 Texts Cited: Explanatory Memorandum to the Insolvency (Tax Priorities) Legislation Amendment Bill 1993 (Cth) Category: Principal judgment Parties: David Anderson (First Applicant) Craig White (Second Applicant) Octaviar Administration Pty Limited (In Liquidation) (Respondent) Representation: Counsel: MK Condon SC / P Wallis (First Applicant) KW Dawson (Second Applicant) BAJ Coles QC / PJ Dowdy / AK Flecknoe-Brown (Respondent) Solicitors: Dibbs Barker (First Applicant) Bartley Cohen (Second Applicant) Henry Davis York (Respondent) File Number(s): 2011/153330