Kay v Playup Australia Pty Ltd [2018] NSWSC 1579
The Court has no power or discretion to order the removal of references to a validly made winding up application from the ASIC database or register under s 1322(4)(b), as the statutory scheme requires the recording of such applications and their withdrawal; to do so would render the register inaccurate and contrary to Parliament's intention.
- Jurisdiction
- Australia
- Judgment Date
- 25 October 2018
- Procedural Posture
- Corporations List Application for Rectification of ASIC Register / Post Hearing, Decision
- Outcome
- Application dismissed
- Legal Topics
- ['rectification of ASIC Register' 'winding Up Application' 'statutory Demands' 'court Discretion']
Case Brief
Summary, issues, holding and outcome
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Procedural Posture
Corporations List Application for Rectification of ASIC Register / Post Hearing, Decision
Legal Issues
- 1 ['Whether particulars of winding up application in ASIC database can be removed under Corporations Act s 1322(4)(b)' "Whether Form 519 and related documents form part of 'register kept by ASIC'" 'Whether Court has discretion to direct removal where winding up application was validly made']
Ratio Decidendi
The Court has no power or discretion to order the removal of references to a validly made winding up application from the ASIC database or register under s 1322(4)(b), as the statutory scheme requires the recording of such applications and their withdrawal; to do so would render the register inaccurate and contrary to Parliament's intention.
Court Disposition
Application dismissed
Orders
- []
Full Case Text
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