In the matter of Day & Night Online Transport Pty Ltd [2019] NSWSC 292

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Day & Night Online Transport Pty Ltd [2019] NSWSC 292 Hearing dates: 11 March 2019 Date of orders: 21 March 2019 Decision date: 21 March 2019 Jurisdiction: Equity - Corporations List Before: Rees J Decision: Determination that liquidator entitled to receive remuneration pursuant to s 60-10 of the Insolvency Practice Schedule (Corporations) Further consequential orders at [24]. Catchwords: CORPORATIONS — Winding up — Liquidators — Remuneration — Application for approval of liquidator's remuneration — Short period of liquidation before winding up terminated — Whether remuneration reasonable — Whether solicitors' fees may be approved as liquidator's disbursements — Determination made. Legislation Cited: Civil Procedure Act 2005 (NSW), s 98 Corporations Act 2001 (Cth), ss 473, 1551, 1579, 1581, 1634, Sch. 2 Corporations Regulations 2011 (Cth), r 10.25.01, Sch. 13 Insolvency Law Reform Act 2016 (Cth) Insolvency Practice Rules (Corporations) 2016, r 70-30 Insolvency Practice Schedule (Corporations), ss 60-10, 60-12 Uniform Civil Procedure Rules 2005 (NSW), r 6.24 Cases Cited: Deputy Commissioner of Taxation v Starpicket Pty Ltd (No 2) [2013] FCA 699 GIS Electrical Pty Ltd v Melson [2001] WASC 314 In the matter of AAA Financial Intelligence Ltd (in liquidation) (No 2) [2014] NSWSC 1270 In the matter of Day & Night Online Transport Pty Ltd (in liquidation) [2018] NSWSC 796 In the matter of Plutus Payroll Australia Pty Ltd (in liquidation) [2018] NSWSC 1092 In the matter of Prime Space Property Investment Limited (in liquidation) [2016] NSWSC 1821 In the matter of Sakr Nominees Pty Ltd [2016] NSWSC 709 In the matter of Sakr Nominees Pty Ltd [2017] NSWSC 668 In the matter of Sakr Nominees Pty Ltd (2017) 93 NSWLR 459; [2017] NSWCA 38 In the matter of Stockford Limited (subject to Deed of Company Arrangement); (2005) 52 ACSR 279; [2004] FCA 1682 Re Huxtable Timeshare Resort Club Ltd (2010) 187 FCR 13; [2010] FCA 673 Re Solfire Pty Ltd (in liq) (No 2) [1999] 2 Qd R 182; (1998) 16 ACLC 1156 Venetian Nominees Pty Ltd v Conlan (1998) 20 WAR 96; 16 ACLC 1653 Texts Cited: Austin & Black Annotations to the Corporations Act (LexisNexis, looseleaf) Category: Consequential orders (other than Costs) Parties: SV Partners Insolvency (NSW) Pty Ltd (Applicant)