Webforge Australia Pty Ltd v Tecniskill Co-operation Pty Ltd [2008] NSWSC 517

Webforge Australia Pty Ltd v Tecniskill Co-operation Pty Ltd [2008] NSWSC 517

The discretion to grant leave under s 471B of the Corporations Act 2001 (Cth) should be exercised in favour of the plaintiff as the only means to determine whether the asset represented by the judgment is available in the winding up, and the liquidator does not oppose the application.

Parties
Plaintiff: Webforge Australia Pty Ltd t/as Webforge NSW; Defendant: Tecniskill Co-operation Pty Ltd
Jurisdiction
Australia
Judgment Date
26 May 2008
Procedural Posture
Application for Leave to Proceed Against Company in Liquidation / Determination of Application for Leave Under S 471 B of the Corporations Act 2001 (cth)
Outcome
Leave to proceed granted
Legal Topics
Winding Up, Leave to Proceed Against Company in Liquidation, Appeal Continuation, Jurisdiction Regarding Winding Up Orders

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Parties

Webforge Australia Pty Ltd t/as Webforge NSW

Plaintiff

Tecniskill Co-operation Pty Ltd

Defendant

Procedural Posture

Application for Leave to Proceed Against Company in Liquidation / Determination of Application for Leave Under S 471 B of the Corporations Act 2001 (cth)

  1. 1 Whether the court has jurisdiction to hear the application for leave when winding up order was made by another court
  2. 2 Whether leave under s 471B of the Corporations Act 2001 (Cth) may be granted to continue an appeal
  3. 3 Whether the appeal concerns an asset available in the winding up

Ratio Decidendi

The discretion to grant leave under s 471B of the Corporations Act 2001 (Cth) should be exercised in favour of the plaintiff as the only means to determine whether the asset represented by the judgment is available in the winding up, and the liquidator does not oppose the application.

Court Disposition

Leave to proceed granted

Orders

  • Order 1 and Order 2 in the notice of motion filed on 12 May 2008 are made.