In the matter of John L Norris Holdings Pty Limited (in Liquidation) [2013] NSWSC 2005

Supreme Court New South Wales

Medium Neutral Citation: In the matter of John L Norris Holdings Pty Limited (in Liquidation) [2013] NSWSC 2005 Hearing dates: 17 December 2013 Decision date: 17 December 2013 Jurisdiction: Equity Division - Corporations List Before: Brereton J Decision: Pursuant to Corporations Act, s 488(2), the liquidator have special leave to make an interim distribution of the surplus assets of John L Norris Holdings Pty Ltd (in liq) in accordance with the schedule in Form 551 annexed to this order. Costs of this application be costs in the liquidation. Catchwords: CORPORATIONS - External administration - winding up - application for special leave pursuant to (Cth) Corporations Act 2001 s 488(2) to make interim distribution of surplus assets. Legislation Cited: (Cth) Corporations Act 2001 s 485, s 488 (Cth) Corporations Regulations 2001 reg 5.6.69 (NSW) Supreme Court (Corporations) Rules 1999 r 7.10 Cases Cited: D S Millard & Son Pty Ltd (1997) 24 ACSR 71 In the Matter of Trussted Frames and Trusses Pty Ltd [2012] NSWSC 787 Re Klaus Maertin Pty Ltd (in liq) [2009] NSWSC 618; [2009] 232 FLR 239 Visnic v Sywak [2012] NSWSC 1284 Category: Principal judgment Parties: Ian James Purchas (applicant) John L Norris Holdings Pty Ltd (defendant) Representation: Counsel: J Johnson (applicant) Solicitors: Megan McCormick & Andrew Williams Lawyers Pty Limited (applicant) File Number(s): 2013/356202