In the matter of Hawden Constructions Pty Limited (in liquidation) and Hawden Property Group Pty Limited (in liquidation)

Hawden Constructions Pty Limited (in liquidation) and Hawden Property Group Pty Limited (in liquidation) were subject to a winding-up petition and subsequently entered liquidation. The liquidators sought an order to release themselves from their roles and to deregister the companies. The case was heard in the Federal Circuit and Family Court of Australia.

The court was required to consider whether the companies were insolvent and whether the liquidators had fulfilled their duties in an appropriate manner. Furthermore, the court had to determine if there were any circumstances that justified the release of the liquidators and deregistration of the companies before the completion of their duties.

The court found that the companies were indeed insolvent and that the liquidators had discharged their duties appropriately. The court was satisfied that the companies had no remaining assets that required distribution and that there were no outstanding creditors. Consequently, the court granted the liquidators' application for release and ordered the deregistration of the companies. This decision allowed the liquidators to be discharged from their roles and the companies to be removed from the Australian Company Register.