Cairns Career Training Inc, Re v O'Regan [1999] QSC 153

99.153 State Reporting Bureau . TRANSCRIPT OF PROCEEDINGS Copyright in this transcript is vested in the Crown. Copies thereof must not be made or sold without the written authority of the Director, State Reporting Bureau. SUPREME COURT OF QUEENSLAND CHAMBERS ) JONES J No 20 of 1999 IN THE MATTER of the ASSOCIATIONS INCORPORATIONS ACT 1981 and IN THE MATTER of CAIRNS CAREER TRAINING INC CAIRNS \, .. DATE 17/05/99 ) JUDGMENT 1 -- 1 of 2 -- 170599 D.1 T6/CH M/T CNS394/99 (Jones J) HIS HONOUR: This is an application for the appointment of ·a provisional liquidator to the incorporated as~ociation, Cairns Career Training Inc. The association stopped trading on 16 April 1999. The board of management at that time had effectively disbanded and as a consequence there is no person actively pursuing the interests of either the association or the creditors of the association. Mr Anthony Jonsson, accountant of Horwaths Cairns, was asked to prepare a report of financial status of the association and came to the view that the association was insolvent and should not continue trading. An application for the winding-up of the association was filed on 14 May 1990 and this application now seeks the appointment of a provisional liquidator to protect the assets of the association pending that winding-up. It is appropriate that such an appointment be made. Mr Ian David Jessop has consented to being appointed as provisional liquidator. I make orders in terms of the draft initialled by me and placed with the papers. 2 JUDGMENT 10 20 ( 30 ( 40 ( 50 60 -- 2 of 2 --