Citation Resources Ltd v IBT Holdings Pty Ltd [2016] FCA 1265

FEDERAL COURT OF AUSTRALIA

Citation Resources Ltd v IBT Holdings Pty Ltd [2016] FCA 1265 File number: WAD 222 of 2016

Judge: MCKERRACHER J

Date of judgment: 27 October 2016

Catchwords: CORPORATIONS – application to set aside statutory demand – where unsafe to find that there is no genuine dispute – where applicant relies upon hearsay evidence – whether entitled to terminate contract where no stipulation time of the essence – whether genuine dispute – whether abuse of process – whether statutory demand process used to compel payment of disputed debts

Legislation: Corporations Act 2001 (Cth) ss 459G, 459H, 459J

Cases cited: Amann Aviation Pty Ltd v Commonwealth (1990) 22 FCR 527 Austral Softwoods Tumbarumba Pty Ltd v Tasman KB Pty Ltd [2001] NSWSC 1122 Collingridge v Sontor Pty Ltd (1997) 141 FLR 440 DTR Nominees Pty Ltd v Mona Homes Pty Ltd (1978) 138 CLR 423 Electricity Generation Corporation t/as Verve Energy v Woodside Energy Ltd (2014) 251 CLR 640 FBM Corporation Pty Ltd v Redsilk Enterprises Pty Ltd [2014] WASCA 51 Francis v Lyon (1907) 4 CLR 1023 Green v Sevin (1879) 13 CLD 589 Holland v Wiltshire (1954) 90 CLR 409 Keylink Physical Care Pty Ltd v Ergoline (Australia) Pty Ltd [1999] SASC 483 Meehan v Glazer Holdings Pty Ltd [2005] NSWCA 24; (2005) 53 ACSR 229 Neeta (Epping) Pty Ltd v Phillips (1974) 131 CLR 286 Pharmanet Group Ltd v Primeland Pty Ltd [2015] FCA 208 Royal Society for the Prevention of Cruelty to Animals (Victoria) Incorporated v Marson Constructions Pty Ltd (2000) 1 VR 274 Treasury Wine Estates Vintners Ltd v Garrett (2015) 235 FCR 577 Carter JW, Peden E, and Tolhurst GJ, Contract Law in Australia (5th ed, LexisNexis Butterworths, 2007) Seddon NC and Ellinghaus MP, Cheshire & Fifoot Law of Contract (9th ed, LexisNexis Butterworths, 2008)