Inverell Shire Council v Australian Gemstone Resources Pty Limited (in liquidation) [2018] NSWSC 1470

Supreme Court New South Wales

Medium Neutral Citation: Inverell Shire Council v Australian Gemstone Resources Pty Limited (in liquidation) [2018] NSWSC 1470 Hearing dates: 27 September 2018 Decision date: 28 September 2018 Jurisdiction: Equity - Corporations List Before: Rees J Decision: That the winding up of Australian Gemstones Resources Pty Limited (in liquidation) (ACN 1212 034 811) be terminated pursuant to s 482 of the Corporations Act 2001 (Cth) on the conditions set out in the orders. Catchwords: CORPORATIONS — Winding up — Court ordered winding up — Termination of winding up — Change of address not notified to ASIC — Where statutory demand and originating process not brought to the attention of directors — Grounds for termination of winding up — Termination of winding up ordered Legislation Cited: Corporations Act 2001 (Cth) Cases Cited: In the matter of MWM Sydney Pty Ltd (in liquidation) [2016] NSWSC 688 Re Warbler Pty Limited (1982) 6 ACLR 526 In the matter of Recycling Glass Pty Limited ACN 001 332 654 [2014] NSWSC 439 In the matter of JD & RS Pty Ltd [2016] NSWSC 806 In the matter of The Wills Group Pty Limited (in liquidation) [2016] NSWSC 1907 Benedict v Olde; in the matter of ATS (Asia Pacific) Pty Ltd [2011] FCA 1008 Brolrik v Sambah [2001] NSWSC 1171 Re Data Homes Pty Ltd] [1972] 2 NSWLR 22 Category: Principal judgment Parties: Inverell Shire Council – Plaintiff Australian Gemstone Resources Pty Limited (in liquidation) - Defendant Sholom Dovber Feldman - Applicant David Kerr - First Respondent Australian Gemstone Resources Pty Limited (in liquidation) - Second Respondent Representation: Counsel: C Perry, Solicitor - Applicant J. Dooley - First Respondent