In the matter of Arresso Consulting Pty Ltd [2019] NSWSC 997

In the matter of Arresso Consulting Pty Ltd [2019] NSWSC 997

The Court appointed Glenn Crisp and Sule Arnautovic as replacement liquidators of Arresso Consulting Pty Ltd and MP&HE Services Pty Ltd respectively, based on the benefit of continuity, cost efficiency for creditors, and recognition in authorities of such practice; leave was granted under s 532(2) to the extent necessary.

Jurisdiction
Australia
Judgment Date
31 July 2019
Procedural Posture
Corporations – Winding Up / Replacement of Liquidator – Ex Parte Application
Outcome
Application granted; replacement liquidators appointed.
Legal Topics
['winding Up' 'replacement of Liquidator']
['corporations Law'] ['winding Up' 'replacement of Liquidator']

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Authorities cited 2 Party arguments 1 Amounts and remedies 1
Sign in to unlock

Procedural Posture

Corporations – Winding Up / Replacement of Liquidator – Ex Parte Application

Legal Issues

  1. 1 ['Whether proposed liquidators should be appointed following resignation of existing liquidator' 'Whether leave under s 532(2) of Corporations Act 2001 (Cth) is necessary where replacement liquidators are from the same firm as resigning liquidator']

Ratio Decidendi

The Court appointed Glenn Crisp and Sule Arnautovic as replacement liquidators of Arresso Consulting Pty Ltd and MP&HE Services Pty Ltd respectively, based on the benefit of continuity, cost efficiency for creditors, and recognition in authorities of such practice; leave was granted under s 532(2) to the extent necessary.

Court Disposition

Application granted; replacement liquidators appointed.

Orders

  • ['Order pursuant to s 499(3) of the Corporations Act 2001 (Cth) that Glenn Crisp be appointed as Liquidator of Arresso Consulting Pty Ltd (in Liquidation), effective upon filing notice with ASIC.' 'Order pursuant to s 473A(1) of the Corporations Act 2001 (Cth) that Sule Arnautovic be appointed as liquidator of MP&HE...