640 The Esplanade Pty Ltd v Splash Bay Pty Ltd (No 2) [2017] FCA 89

FEDERAL COURT OF AUSTRALIA

640 The Esplanade Pty Ltd v Splash Bay Pty Ltd (No 2) [2017] FCA 89 File number: QUD 851 of 2015

Judge: MARKOVIC J

Date of judgment: 14 February 2017

Catchwords: CORPORATIONS – application by substituted plaintiff to wind up the defendant – applicability of s 459S of the Corporations Act 2001 (Cth) where an application to wind up a company by a substituted plaintiff – whether a defendant company may challenge a substituted plaintiff's statutory demand in a winding up application brought by the substituted creditor

Legislation: Corporations Act 2001 (Cth) ss 459A, 459C, 459E, 459F, 459G, 459P, 459S, 465B, 465C Duties Act 2001 (Qld) s 487 Federal Court (Corporations) Rules 2000 (Cth) r 5.2

Cases cited: Australian Securities and Investments Commission v Lanepoint Enterprises Pty Ltd (recs and mgrs apptd) (2011) 244 CLR 1 Bibby Financial Services Pty Ltd v Wolf Industries Pty Ltd (2004) 49 ACSR 45; [2004] NSWSC 134 Burnitt & Anor v Pacific Paradise Resort Pty Ltd [2004] QDC 218 Caxton Street Agencies Pty Ltd v Korkidas & Anor [2002] QSC 210 Franks v Norfolk Estates Pty Ltd [2004] QFC 301 In the matter of C2C Investments Pty Limited (No 9) [2013] NSWSC 269 In the matter of Gladstone Mortgagee No 1 Pty Ltd [2015] NSWSC 1551 Kelvingrove (1993) Pty Ltd v Paratoo Pty Ltd (1998) 16 ACLC 964 Kisimul Holdings Pty Ltd v Clear Position Pty Ltd [2014] NSWCA 262 Mission Development Group Pty Ltd v Rhett Pty Ltd [2004] QSC 359 Vercorp Pty Ltd v Lin [2007] 2 Qd R 180 Assaf F, Statutory Demands and Winding up in Insolvency (2nd ed, Lexis Nexis Butterworths, 2012) Seddon N, Seddon on Deeds (The Federation Press, 2015)