The Bell Group Limited v. Australian Securities and Investments Commission

[2018] FCA 884

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The Bell Group Limited
v Australian Securities and Investments Commission

Court:

Judge: McKerracher J

Legislative References:
Australian Securities and Investments Commission Act 2001 (Cth) - s 8; s 8(5)
Corporations Act 1989 (Cth) - s 82
Corporations Act 2001 (Cth) - s 447A(1); s 461(1)(k); s 475; s 476; s 476(c); s 476(d); s 477(2B); s 601AD; s 601AD(1); s 601AD(1A); s 601AD(2); s 601AD(3); s 601AD(3A); s 601AD(4); s 601AE; s 601AE(2); s 601AH; s 601AH(2); s 601AH(3)(b); s 601AH(3)(c); s 601AH(3)(d); s 601AH(5); Pt 5A; Pt 5A.1
Corporations Law - s 564; s 574; s 574(4); s 574(5)
Income Tax Assessment Act 1936 (Cth) - Pt IVA; s 80(4)
Income Tax Assessment Act 1997 (Cth) - Pt 3-90; s 703-5(1); s 703-5(3); s 703-15; s 703-15(2); s 703-30; s 703-45; s 703-50
Taxation Administration Act 1953 (Cth) - Pt IVC
Duties Act 2008 (WA) - s 11
Companies Act 1993 (NZ) - s 329(4)
Companies Act 1900 (UK) - s 26
Companies Act 1948 (UK) - s 353(6)

Case References:
Arnold World Trading Pty Ltd v ACN 133 427 335 Pty Ltd - (2010) 80 ACSR 670
Australian Competition and Consumer Commission v Australian Securities and Investments Commission - (2000) 174 ALR 688
Australian Securities & Investments Commission v ABC Fund Managers Ltd (No 2) - (2001) 39 ACSR 443
Re Bell Group Ltd (in liq) Ex parte Woodings - (2013) 97 ACSR 117
Bell Group NV (in liq) v Western Australia - (2016) 90 ALJR 655
Callegher v Australian Securities and Investments Commission - (2007) 218 FCR 81
Re Cenco Holdings Pty Ltd - (2005) 53 ACSR 484
CGU Workers Compensation (NSW) Ltd v Rockwall Interiors Pty Ltd - (2006) 201 FLR 296
Chalker v Clark - [2008] VSCA 92
Cook v Law - [2003] FCA 966
Danich Pty Ltd re Cenco Holdings Pty Ltd - (2005) 53 ACSR 484
Donmastry Pty Ltd v Albarran - (2004) 49 ACSR 745
Re ERB International Pty Ltd (deregistered) - (2014) 98 ACSR 124
Foxman v Credex National Australian Trade Exchange Pty Ltd (in liq) - (2007) 215 FLR 392
Re GA Listing & Maintenance Pty Ltd - (1994) 15 ACSR 308
GIO General Ltd v Sabko Pty Ltd - (2007) 70 NSWLR 743
Harule Pty Ltd Ex parte Olita Super Readymixed Concrete Pty Ltd (in liq) - (1994) 13 ACSR 500
Re HIH Insurance Ltd (In Liquidation) - [2004] NSWSC 5
Irwin v Yule - [2013] SASC 132
John Pfeiffer Pty Ltd v Rogerson - (2000) 203 CLR 503
Legrande Enterprises Pty Ltd v Australian Securities and Investments Commission - [2009] FCA 718
Morris v Harris - [1927] AC 252
Oates v Commissioner of Taxation - (1990) 27 FCR 289
Oates v Consolidated Capital Services Pty Ltd - [2007] NSWSC 680
Pacanowski v Australian Securities Commission - (1995) 57 FCR 173
Pilarinos and Ors v Australian Securities and Investments Commission - [2006] VSC 301
Re Regional Planners Developments Co Pty Ltd - (2015) 110 ACSR 457
Shaw v Goodsmith Industries Pty Ltd - (2002) 41 ACSR 556
Re Sparad Ltd - (1993) 12 ACSR 12
Re Spedley Securities Ltd (in liq) - (1992) 9 ACSR 83
Stork ICM Australia Pty Ltd v SFS 007298633 Pty Ltd - (2010) 77 ACSR 517
Tyman's Ltd v Craven - [1952] 2 QB 100
Vukasin v ASIC - [2007] NSWSC 1341
Wedgewood Hallam Pty Ltd v Australian Securities and Investments Commission, in the matter of Combined Building Consultants Pty Ltd - [2011] FCA 439
White v Baycorp Advantage Business Information Services Ltd - (2006) 200 FLR 125
Yeo v Australian Securities and Investments Commission, in the matter of Ji Woo International Education Centre Pty Ltd (deregistered) - [2017] FCA 1480

Hearing date: 7 February 2018
Judgment date: 15 June 2018

Perth

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THE COURT ORDERS THAT:

1. The plaintiffs, within 14 days, file and serve a minute of orders, inclusive of any costs orders to which they contend they are entitled, together with submissions not exceeding 5 pages.

2. The second defendant, within a further 14 days, file submissions in response, not exceeding 5 pages.

3. Any reply submissions be filed and served within a further 10 days.

4. Unless the Court otherwise orders, the remaining issues be determined on the papers.

Note: Entry of orders is dealt with in Rule 39.32 of the Federal Court Rules 2011.