In the matter of Ballistic Australia Pty Limited (ACN 112 963 238) [2014] NSWSC 1495

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Ballistic Australia Pty Limited (ACN 112 963 238) [2014] NSWSC 1495 Hearing dates: 14 July 2014 Date of orders: 14 July 2014 Decision date: 14 July 2014 Jurisdiction: Equity Division - Corporations List Before: Brereton J Decision: Proceedings adjourned to 28 July 2014 Catchwords: CORPORATIONS – winding up – application by shareholder for winding up on just and equitable ground – deadlock – whether other shareholder should be joined as defendant Legislation Cited: (Cth) Corporations Act 2001, s 459A, s 459P, s 461 (NSW) Supreme Court (Corporations) Rules 1999, r 2.13(1), r 2.13(3) (NSW) Uniform Civil Procedure Rules 2005, r 6.24 Cases Cited: Dolvelle Pty Limited v Australian MacFarms Pty Limited (1998) 28 ACSR 175 In Re Bradford Navigation Company (1870) LR 5 Ch 600 Re British Nation Life Assurance Association (1872) 14 LR Eq 492 Re Gasbourne Pty Limited (1984) 8 ACLR 618 Re Third Lojebo Pty Limited (1981) 6 ACLR 409 Shakespeares Pie Co Australia Pty Limited v Multipye Pty Limited [2005] NSWSC 1338 Category: Procedural and other rulings Parties: Allan Raynor Arthur (first plaintiff) Arthur Pipe and Steel Australia Pty Ltd ACN 067 516 769 (second plaintiff) Ballistic Australia Pty Ltd ACN 112 963 238 (Defendant) Representation: Counsel: D Gasic (solicitor) (plaintiffs) R McGuiness (solicitor) (defendant)