Geoff Woodham Financial Services Pty Ltd v GDK Financial Solutions Pty Ltd [2007] FCA 1523

Geoff Woodham Financial Services Pty Ltd v GDK Financial Solutions Pty Ltd [2007] FCA 1523

Given that no party wished the proceeding to remain on foot and in light of s 459R, the proceeding should be dismissed.

Parties
Applicant: Geoff Woodham Financial Services Pty Ltd; First Respondent: GDK Financial Solutions Pty Ltd; Second Respondent: Boundup Pty Ltd; Third Respondent: Lynpland Pty Ltd; Fourth Respondent: Peter Lennox Shiels
Jurisdiction
Australia
Judgment Date
21 September 2007
Procedural Posture
Application for Winding Up a Company / Final Judgment
Outcome
Application dismissed
Legal Topics
Winding Up Application, Dismissal of Proceedings, S 459 R Corporations Act 2001 (cth)
Corporations Law Winding Up Application Dismissal of Proceedings S 459 R Corporations Act 2001 (cth)

Case Brief

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Parties

Geoff Woodham Financial Services Pty Ltd

Applicant

GDK Financial Solutions Pty Ltd

First Respondent

Boundup Pty Ltd

Second Respondent

Lynpland Pty Ltd

Third Respondent

Peter Lennox Shiels

Fourth Respondent

Procedural Posture

Application for Winding Up a Company / Final Judgment

Legal Issues

  1. 1 Whether application for winding up should be dismissed under s 459R of the Corporations Act 2001 (Cth)

Ratio Decidendi

Given that no party wished the proceeding to remain on foot and in light of s 459R, the proceeding should be dismissed.

Court Disposition

Application dismissed

Orders

  • The application be dismissed.