In the Matter of the Corporations Law In the Matter of Shneider, Stanley [1996] FCA 1064
Although there was no reasonable likelihood of Mr Shneider re-offending and no risk to any relevant public interest if some relaxation were permitted, there was no real need for him to be a director of Tour Queensland Pty Ltd and his convictions were recent and connected with management of a public company. Section 229(3) permits leave only in relation to a specific corporation or corporations placed before the Court and does not confer power to grant a general relaxation for unidentified future private companies. Leave was therefore limited to management of Tour Queensland Pty Ltd in any capacity other than director.
- Jurisdiction
- Australia
- Judgment Date
- 28 November 1996
- Procedural Posture
- Application for Leave Under S 229(3) the Corporations Law to Act as a Director and to Manage Corporations / Reasons for Judgment and Orders
- Outcome
- Application granted in part; leave granted to manage Tour Queensland Pty Ltd other than as director; wider relaxation and leave to act as director refused; no order for costs.
- Legal Topics
- ['disqualification From Corporate Management' 'leave to Manage Corporations' 'directors' 'scope of Court Power Under S 229(3) the Corporations Law']
Case Brief
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Procedural Posture
Application for Leave Under S 229(3) the Corporations Law to Act as a Director and to Manage Corporations / Reasons for Judgment and Orders
Legal Issues
- 1 ['Whether leave should be granted under s 229(3) the Corporations Law for Mr Shneider to act as a director of Tour Queensland Pty Ltd.' 'Whether leave should be granted for Mr Shneider to take part in the management of Tour Queensland Pty Ltd in a capacity other than director.' 'Whether s 229(3) the Corporations Law empowers the Court to grant a general relaxation permitting management of private companies not specifically identified.' 'Whether any order for costs should be made.']
Ratio Decidendi
Although there was no reasonable likelihood of Mr Shneider re-offending and no risk to any relevant public interest if some relaxation were permitted, there was no real need for him to be a director of Tour Queensland Pty Ltd and his convictions were recent and connected with management of a public company. Section 229(3) permits leave only in relation to a specific corporation or corporations placed before the Court and does not confer power to grant a general relaxation for unidentified future private companies. Leave was therefore limited to management of Tour Queensland Pty Ltd in any capacity other than director.
Court Disposition
Application granted in part; leave granted to manage Tour Queensland Pty Ltd other than as director; wider relaxation and leave to act as director refused; no order for costs.
Orders
- ['The applicant has leave to take part in the management of Tour Queensland Pty Ltd in any capacity other than that of a director.']
Full Case Text
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