FEDERAL COURT OF AUSTRALIA
Deputy Commissioner of Taxation, in the matter of PM & TM Pty Ltd v
PM & TM Pty Ltd [2012] FCA 411
IN THE FEDERAL COURT OF AUSTRALIA | |
IN THE MATTER OF PM & TM PTY LTD
aCn OR ARBN: 107 683 607
DEPUTY COMMISSIONER OF TAXATION Plaintiff
| |
AND: | PM & TM PTY LTD A.C.N. 107 683 607 Defendant
|
DATE OF ORDER: | |
WHERE MADE: |
THE COURT ORDERS THAT:
1. The hearing of this matter be adjourned to 1 June 2012.
2. Costs be reserved.
Note: Entry of orders is dealt with in Rule 39.32 of the Federal Court Rules 2011.
Queensland DISTRICT REGISTRY | |
GENERAL DIVISION | qud 553 of 2011 |
IN THE MATTER OF PM & TM PTY LTD
aCn OR ARBN: 107 683 607
BETWEEN: | DEPUTY COMMISSIONER OF TAXATION Plaintiff
|
AND: | pm & tm pty ltd a.c.n. 107 683 607 Defendant |
JUDGE: | REEVES J |
DATE: | 23 MARCH 2012 |
PLACE: | BRISBANE |
EX TEMPORE REASONS FOR JUDGMENT
1 I propose to grant the adjournment sought by the respondent to 1 June 2012. While Mr Bliim has told me, on instructions, that the company is not currently solvent, he has also told me, on instructions, that the company is not trading, it has no other creditors at the present time, and will not incur any creditors between now and 1 June 2012. The lawyer for the Deputy Commissioner has pointed to the fact that the six month period prescribed by the Corporations Act 2001 (Cth) for the completion of the hearing of the application expires on 5 June 2012. The first of June 2012 will obviously occur before then. Apart from pointing to that issue, the Deputy Commissioner’s lawyer has not identified any prejudice that the Deputy Commissioner will suffer if the adjournment is granted.
2 I will reserve the question of costs.
I certify that the preceding two (2) numbered paragraphs are a true copy of the Reasons for Judgment herein of the Honourable Justice Reeves. |
Associate:
