Carey, in the matter of Carey [2011] FCA 235

Carey, in the matter of Carey [2011] FCA 235

Given the factual circumstances of the applicant's bankruptcy, the voluntary and non-financial nature of the directorship, her appropriate qualifications and experience, the structure and oversight of the corporation, and absence of opposition, it is appropriate to grant leave under s 206G for the applicant to manage the specific corporation as director.

Jurisdiction
Australia
Judgment Date
17 March 2011
Procedural Posture
Application Under Corporations Act S 206 G / Determination of Application for Leave to Manage Corporation
Outcome
Leave to manage particular corporation granted
Legal Topics
['director Disqualification' 'leave to Manage Corporation' 'bankruptcy and Corporations']

Case Brief

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Procedural Posture

Application Under Corporations Act S 206 G / Determination of Application for Leave to Manage Corporation

  1. 1 ['Whether leave should be granted to a bankrupt under s 206G of the Corporations Act 2001 (Cth) to manage a particular corporation']

Ratio Decidendi

Given the factual circumstances of the applicant's bankruptcy, the voluntary and non-financial nature of the directorship, her appropriate qualifications and experience, the structure and oversight of the corporation, and absence of opposition, it is appropriate to grant leave under s 206G for the applicant to manage the specific corporation as director.

Court Disposition

Leave to manage particular corporation granted

Orders

  • ['The applicant have leave to manage a particular corporation, namely, Consumer Health Forum of Australia Ltd as a director of that corporation and a member of its board of directors.']