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The company has received funds totalling $659,476 and binding applications for the balance with the allotment of Tranche 1 to occur when the funds are...
To print this article, all you need is to be registered or login on Mondaq.com. This recent Queensland Court of Appeal decision clarifies the effect of a late adjudication and reiterates why it is important for contractors to frequently review their licensing position. Whether lateness of the Adjudicator's decision made it void. Whether the costs of the Adjudicator were payable. Whether the works were excluded from the definition of building work requiring a licence and whether in the circumstances the adjudicator had any jurisdiction to decide the builder was entitled...
PROCEDURE - CIVIL PROCEEDINGS IN STATE AND TERRITORY COURTS - COSTS - OFFERS OF COMPROMISE, PAYMENTS INTO COURT AND SETTLEMENTS - OFFER OF COMPROMISE OR OFFER TO SETTLE OR CONSENT TO JUDGMENT PURSUANT TO RULES - GENERALLY - where there was a claim and counterclaim - where the appellant made an "all-up" offer to settle "all claims in the proceeding" which was expressed to be under ch 9 pt 5 of the Uniform Civil Procedure Rules 1999 ( the Rules) - where the offer did not distinguish between the claim and counterclaim - where the trial judge held that rr 360 and 361 of the Rules did not apply to...
Mortgage Business Urgent freezing orders issued to property developer By Annie Kane 29 December 2020 ASIC has obtained urgent interim orders and started court proceedings against a property developer following concerns it was using investor funds for personal use and providing unlicensed financial advice. The Australian Securities and Investments Commission (ASIC) has commenced civil proceedings in the Feder...
Date Time ASIC obtains freezing orders against Perth-based property developers ASIC has commenced civil proceedings and obtained urgent interim orders in the Federal Court against Ms Monica Kaur, MKS Property Investments/Developments Pty Ltd (MKS Property), Paradise Property Group Pty Ltd (Paradise Property) as well as against Mr Sadu Singh, Mr Melvin Paul Singh and Ms Stephanie Lee (together, the defendants). ASIC is concerned that Ms Kaur is providing unlicensed financial advice services and that she, together with the defendants, are involved in promoting and operating an unregistered mana...