In the Matter of ORUgo Pty Ltd [2012] NSWSC 788
Old ORUgo Pty Ltd should be reinstated as both former directors are entitled to return to their roles under s 601AH(5); there is no legal basis for removal of a director in the circumstances; and no order can be made for dissolution of New ORUgo Pty Ltd.
- Jurisdiction
- Australia
- Judgment Date
- 09 July 2012
- Procedural Posture
- Corporations Reinstatement Application / Judgment
- Outcome
- Company reinstated; application for dissolution and director removal refused.
- Legal Topics
- ['reinstatement of Deregistered Company' 'appointment and Removal of Directors']
Case Brief
Summary, issues, holding and outcome
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Procedural Posture
Corporations Reinstatement Application / Judgment
Legal Issues
- 1 ['Whether Old ORUgo Pty Ltd should be reinstated' 'Whether an order should be made for removal of a director upon reinstatement' 'Whether New ORUgo Pty Ltd should be dissolved']
Ratio Decidendi
Old ORUgo Pty Ltd should be reinstated as both former directors are entitled to return to their roles under s 601AH(5); there is no legal basis for removal of a director in the circumstances; and no order can be made for dissolution of New ORUgo Pty Ltd.
Court Disposition
Company reinstated; application for dissolution and director removal refused.
Orders
- ['Pursuant to (Cth) Corporations Act 2001, s 601AH(2), ASIC is to reinstate the registration of ORUgo Pty Ltd ACN 001 403 354 as ACN 001 403 354 Pty Ltd, ACN 001 403 354.']
Full Case Text
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