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AXF Entertainment P/L (in liquidation) (ACN 161 337 480) v AXF Group P/L (ACN 116 258 130) [2019] VSC 753

CORPORATIONS
Supreme Court of Victoria
Division: 
Commercial Court
Judge(s): 
Efthim AsJ
Parties: 

AXF Entertainment P/L (in liquidation) (ACN 161 337 480) v AXF Group P/L (ACN 116 258 130)

Judgment Date: 
19 November 2019
Catchwords: 

CORPORATIONS - Winding up application pursuant to s 459P of the Corporations Act 2001 (Cth) - No evidence of solvency - Defendant had no knowledge of service of statutory demand - Whether s 459S of the Corporations Act 2001 (Cth) applied when defendant had no knowledge of service of the statutory demand - Principle in Perpetual Nominees Ltd v Masri Apartments Pty Ltd (2004) 49 ACSR 719 no longer applies due to Australian Securities and Investments Commission v Lanepoint Enterprises Pty Ltd [2011] 244 CLR 1.

Citation: