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Wily v Commissioner of Taxation [2002] NSWSC 909 — Winding Up & Acts Cited: — Barrister AI

Wily v Commissioner of Taxation

[2002] NSWSC 909

Supreme Court of NSW

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Interrogate

Catchwords

1. CORPORATIONS [250], [253] - Winding up - Conduct and incidents of liquidation - Effect of winding up on other transactions - Preferences - Protected transactions - Dealings in good faith - Reasonable grounds for suspecting insolvency - What constitutes - Other matters - Indemnification of Commissioner of Taxation by directors - When cause of action complete.
1. Acts Cited:
1. Acts Interpretation Act 1901 (Cth) s 10
1. Corporations Act 2001 ss 436A, 477, 588FA, 588FC, 588FE, 588FF, 588FG(2) - (5), 588FGA(1) - (4), 588FGB

Case Details

Citation[2002] NSWSC 909

CourtNSWSC

JurisdictionNew South Wales

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Cited by3

2004Hall (as liquidators of Reynolds Wines Limited) v Commissioner of TaxationNSWSC 985
2004Condon v Commissioner of TaxationNSWSC 481
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Relies on8

2001Sydney Appliances P/L (in liq) v Eurolinx P/LNSWSC 230
2000Hillig v Commissioner of TaxationQSC 403
1998Sands & McDougall v Commissioner of TaxationVSCA 76
1998ANTHONY MILTON SIMS v CELCAST PTY LTD No. SCGRG-97-1328 Judgment No. 6662 Number of pages - 10 Corporations (1998) 71 SASR 142SASC 7140
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