Sydney Recycling Park Pty Ltd v Cardinal Group Pty Ltd (in liq)

[2016] NSWCA 329

NSW Court of Appeal

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Interrogate

Catchwords

1. Corporations
2. › Winding up
3. › Voidable transactions
4. › Application for orders under s 588FF(1)
5. › Time limit for bringing application under s 588FF(3)
6. › Whether time limit applies to each individual transaction
7. › Whether amendment of proceedings commenced within time permitted after expiry of limitation period
8. › Corporations Act 2001 (Cth), ss 588FA, 588FC, 588FE, 588FF
1. Corporations
2. › Winding up
3. › Voidable transactions
4. › Procedural conduct of application under s 588FF(1)
5. › Amendment of pleadings after expiry of limitation period
6. › Whether Civil Procedure Act 2005 (NSW), ss 64 and 65 'picked up' by Judiciary Act 1903 (Cth), s 79
7. › Whether s 588FF(3) 'otherwise provides'
1. Statutory Interpretation
2. › Construction of Commonwealth legislation
3. › Text, context and purpose
4. › Determination of purpose from text, structure and extrinsic materials
5. › Corporations Act 2001 (Cth), s 588FF(3)
1. Practice and Procedure
2. › Amendment of pleadings
3. › Amendment after expiry of limitation period
4. › New cause of action arising from same or substantially same facts
5. › Civil Procedure Act 2005 (NSW), ss 64, 65

Quick Take

The time limit in s 588FF(3) of the Corporations Act applies to the commencement of proceedings, not to each individual transaction. Where a liquidator commences proceedings within time under s 588FF(3), the amendment powers in ss 64 and 65 of the Civil Procedure Act 2005 (NSW) are available to add new transactions after the limitation period expires, provided the amendments arise from the same or substantially the same facts. Section 588FF(3) does not 'otherwise provide' so as to prevent those amendment powers being 'picked up' by s 79 of the Judiciary Act 1903 (Cth).