McGill v Karren Holdings Pty Ltd [2000] NSWSC 879

McGill v Karren Holdings Pty Ltd [2000] NSWSC 879

A short adjournment is granted under conditions to allow the administrator to file material, as the interests of creditors and public warrant permitting administration a chance notwithstanding concerns about company tactics.

Jurisdiction
Australia
Judgment Date
21 August 2000
Procedural Posture
Application to Wind Up Company / Return Date Hearing; Interim Application for Adjournment
Outcome
Short adjournment granted on conditions; costs of today reserved
Legal Topics
['administration' 'adjournment of Winding Up Application']
['corporations'] ['administration' 'adjournment of Winding Up Application']

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 2 Amounts and remedies 1
Sign in to unlock

Procedural Posture

Application to Wind Up Company / Return Date Hearing; Interim Application for Adjournment

Legal Issues

  1. 1 ['Whether to adjourn winding up application following recent appointment of administrator' 'Whether administration would be in interests of the company’s creditors']

Ratio Decidendi

A short adjournment is granted under conditions to allow the administrator to file material, as the interests of creditors and public warrant permitting administration a chance notwithstanding concerns about company tactics.

Court Disposition

Short adjournment granted on conditions; costs of today reserved

Orders

  • ['Administrator to be added as party to proceedings' 'Administrator to file and serve an appearance' 'Administrator to make any application to regularise appointment and serve affidavits by 10am, 23 August 2000' "Matter stood over to Duty Judge's list at 10am, 24 August 2000" 'Costs of today reserved']