Fox v Gadsden [2003] NSWSC 748
Although the commencement of the proceeding on 14 February was not justified at that precise time, the conduct of the second and third defendants in later frustrating the plaintiff's statutory right of access to company financial records under s 290 made the proceeding ultimately justified, warranting an order for costs in the plaintiff's favour.
- Jurisdiction
- Australia
- Judgment Date
- 04 August 2003
- Procedural Posture
- Proceeding for Director's Access to Company Records / Cost Determination Following Discontinuance
- Outcome
- Order that second and third defendants pay plaintiff's costs of proceeding
- Legal Topics
- ["director's Right of Access to Books and Financial Records" 'statutory Entitlement Under Corporations Act S 290']
Case Brief
Summary, issues, holding and outcome
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Procedural Posture
Proceeding for Director's Access to Company Records / Cost Determination Following Discontinuance
Legal Issues
- 1 ['Whether director seeking to assert statutory right under s 290 can be required to specify the documents he or she requires' "Whether the second and third defendants should pay the plaintiff's costs"]
Ratio Decidendi
Although the commencement of the proceeding on 14 February was not justified at that precise time, the conduct of the second and third defendants in later frustrating the plaintiff's statutory right of access to company financial records under s 290 made the proceeding ultimately justified, warranting an order for costs in the plaintiff's favour.
Court Disposition
Order that second and third defendants pay plaintiff's costs of proceeding
Orders
- ["Second and third defendants to pay the plaintiff's costs of the proceeding." 'Exhibits to be returned to persons producing them.']
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