In the matter of Shield Hardwood Pty Limited [2020] NSWSC 697

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Shield Hardwood Pty Limited [2020] NSWSC 697 Hearing dates: 25 May 2020 Date of orders: 25 May 2020 Decision date: 25 May 2020 Jurisdiction: Equity - Corporations List Before: Rees J Decision: Dismiss application to set aside statutory demand. Catchwords: CORPORATIONS — Statutory demand — Whether genuine dispute — Contracts signed by one director only – Plaintiff says contracts not binding – Plaintiff understood contracts were mere formality – Goods supplied by third party rather than defendant directly – Plaintiff claims contracts was really a trade facility – No genuine dispute — Application dismissed Legislation Cited: Coronavirus Economic Response Package Omnibus Act 2020 (Cth) Corporations Act 2001 (Cth), ss 123, 126, 127, 128, 129, 459G, 459H(1)(a) Cases Cited: Britten-Norman Pty Ltd v Analysis & Technology Australia Pty Ltd (2013) 85 NSWLR 601; [2013] NSWCA 344 Eyota Pty Limited v Hanave Pty Limited (1994) 12 ACSR 785 In the matter of Gorji Property Investment Pty Limited [2018] NSWSC 1671 In the matter of Harmon International Holdings Pty Ltd (2019) 136 ACSR 94; [2019] NSWSC 413 NCR Australia Pty Limited v Credit Connection Pty Limited [2004] NSWSC 1 Panel Tech Industries (Aust) Pty Ltd v Australian Skyreach Equipment Pty Ltd (No 2) [2003] NSWSC 896 Re Morris Catering (Aust) Pty Ltd (1993) 11 ACSR 601 Spencer Constructions Pty Ltd v G & M Aldridge Pty Ltd [1997] FCA 681; (1997) 76 FCR 452 TR Administration Pty Ltd v Frank Marchetti & Sons Pty Ltd [2008] VSCA 70; (2008) 66 ACLR 67 Category: Principal judgment Parties: Shield Hardwood Pty Ltd (Plaintiff) Sinopec International (Australia) Pty Ltd (Defendant) Representation: Counsel: Mr A Norrie (Plaintiff) Mr N Bender (Defendant)