In the matter of Skypac Aviation Pty Ltd (in liquidation) [2019] NSWSC 291

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Skypac Aviation Pty Ltd (in liquidation) [2019] NSWSC 291 Hearing dates: 4 March 2019 Date of orders: 22 March 2019 Decision date: 22 March 2019 Jurisdiction: Equity - Corporations List Before: Rees J Decision: Pursuant to rule 13.4(b) of the Uniform Civil Procedure Rules 2005, dismiss paragraphs 3 and 4 of the Amended Originating Process as against the First and Fifth Defendants.

Plaintiffs to pay the First and Fifth Defendants' costs of the Interlocutory Process filed on 12 February 2019. Catchwords: CORPORATIONS — Winding up — Commencement of Court-ordered winding up — Where company previously in administration — Application of Corporations Act 2001 (Cth) s 468(1) — Whether transaction made on section 513C day void — Transaction on section 513C day not void.

CIVIL PROCEDURE — Pleadings — Striking out — No reasonable cause of action or defence — Contested point of law — Narrow factual compass not in dispute — Whether appropriate to determine point of law on summary application — Determination made — Pleadings struck out.

WORDS AND PHRASES — "Commencement of the winding up by the Court" — "section 513C day" —"disposition of property of the company … void". Legislation Cited: Acts Interpretation Act 1901 (Cth), s 36(1) Companies (New South Wales) Code, s 368 Companies (Western Australia) Code, ss 365, 368 Corporate Law Reform Act 1992 (Cth) and Explanatory Memorandum Corporations Act 2001 (Cth) ss 9, 91, 105, 435C, 436A, 438A, 438B, 438C, 438D, 468(1), 513A, 513C, 588FE Corporations Amendment (Insolvency) Act 2007 (Cth) and Explanatory Memorandum Migration Act 1958 (Cth), s 135 Personal Property Securities Act 2009 (Cth), s 267 Uniform Civil Procedure Rules 2005 (NSW), r 13.4(b) Cases Cited: Batistatos v Roads and Traffic Authority of New South Wales (2006) 226 CLR 256; [2006] HCA 27 Bryant v Commonwealth Bank of Australia (1994) 51 FCR 529 Bryant v Commonwealth Bank of Australia (1994) 51 FCR 529 Dey v Victorian Railways Commissioners (1949) 78 CLR 62; [1949] HCA 1 Gatward v Kleem (1955) 72 WN (NSW) 354 General Steel Industries Inc v Commissioner for Railways (NSW) (1964) 112 CLR 125; [1946] HCA 69 In the matter of Carpenter International Pty Limited (Administrators appointed) (2016) 51 VR 190; [2016] VSC 118 Macquarie Health Corp Ltd v Federal Commissioner of Taxation (1999) 96 FCR 238; [1999] FCA 1819 Morgan v Union Shipping (NZ) Ltd [2001] NSWSC 325 National Acceptance Corp Pty Ltd v Benson (1988) 12 NSWLR 213 NRMA Insurance Ltd v AW Edwards Pty Ltd (1995) 11 BCL 200 Overflow FNQ Pty Ltd (in liq) v Austwide Consumer Products Pty Ltd [2018] 1 Qd R 172; [2017] QSC 76 Prowse v McIntyre (1961) 111 CLR 264 section 513A SK Foods LP v SK Foods Australia Pty Limited (in Liquidation) (No 3) (2013) 214 FCR 543; [2013] FCA 526 Spencer v Commonwealth of Australia (2010) 241 CLR 118; [2010] HCA 28 Tio v Minister for Immigration and Multicultural and Indigenous Affairs (2003) 126 FCR 185; [2003] FCAFC 53 Texts Cited: Assaf & Ors., Voidable Transactions in Company Insolvency (LexisNexis Butterworths, 2015) Companies and Securities Advisory Committee, Corporate Voluntary Administration (1998) Category: Consequential orders (other than Costs) Parties: Christopher John Palmer as the Liquidator of Skypac Aviation Pty Ltd (in liquidation) (First Plaintiff) Skypac Aviation Pty Ltd (in liquidation) (Second Plaintiff)