Edmund Ian John Hashman v Australian Medico-Legal Group Pty Limited [2016] NSWSC 1690
Given the prior consent orders and expert agreement that audited accounts were required, and the existence of a contractual obligation to produce audited accounts, the court ordered production of audited accounts for the years ending 30 June 2011 through 2015.
- Parties
- Plaintiff: Edmund Ian John Hashman; First Defendant: Australian Medico-Legal Group Pty Ltd; Second Defendant: Mandy Dorothy Holland
- Jurisdiction
- Australia
- Judgment Date
- 19 February 2016
- Procedural Posture
- Equity / Interlocutory Order
- Outcome
- Defendants ordered to produce audited accounts and reports; extension of time for compliance granted; liberty to apply; directions listing vacated; proceedings adjourned; defendants to pay plaintiff's costs of today.
- Legal Topics
- Production of Documents, Valuation of Shares, Case Management
Case Brief
Summary, issues, holding and outcome
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Parties
Edmund Ian John Hashman
Plaintiff
Australian Medico-Legal Group Pty Ltd
First Defendant
Mandy Dorothy Holland
Second Defendant
Procedural Posture
Equity / Interlocutory Order
Legal Issues
- 1 Whether defendants are required to produce audited accounts for valuation of shares
- 2 Compliance with previous consent orders regarding provision of financial statements
Ratio Decidendi
Given the prior consent orders and expert agreement that audited accounts were required, and the existence of a contractual obligation to produce audited accounts, the court ordered production of audited accounts for the years ending 30 June 2011 through 2015.
Court Disposition
Defendants ordered to produce audited accounts and reports; extension of time for compliance granted; liberty to apply; directions listing vacated; proceedings adjourned; defendants to pay plaintiff's costs of today.
Orders
- Defendants to produce audited accounts and reports for financial years ending 30 June 2011 to 30 June 2015 by 18 March 2016.
- Time for compliance with order (5) of the orders made on 27 November 2015 extended to 22 April 2016, subject to provision of accounts.
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