24 Aug 2018
The plaintiff failed to establish conduct amounting to oppression under s174; the defendant therefore succeeded and was entitled to costs on the 2B scale; no uplift was awarded because the plaintiff had not unnecessarily contributed to the time or expense of the proceeding; disbursements were also awarded to the defendant.
3 Mar 2015
The court awarded defendants costs on a 2B basis of $37,014 and exercised its discretion to increase costs by 100%, resulting in a total award of $74,028, while noting that a separate sum of $41,806 due to the plaintiffs is not part of this costs order.
1 Dec 2011
The Court exercised its discretion under s 174(2) of the Companies Act 1993 to make interim orders preserving the status quo: the second defendant is to continue to receive the same remuneration as previously received pending final adjustment, and may receive company financial information; leave is reserved for further adjustment.
11 Aug 2010
The sale was a major transaction and occurred without required special resolution (breach of s129); that breach is presumed to be unfairly prejudicial under s175; plaintiff did not expressly consent to the director retaining all sale proceeds; in the exercise of the Court's remedial discretion under s174(2) it was just and equitable to place Pink Nails Limited into liquidation and appoint the Official Assignee as liquidator, with the order to lie in Court for a limited period to allow consent alternatives.