In the matter of New View Windows Pty Ltd trading as Narellan Windows and Glass [2020] NSWSC 1905

Supreme Court New South Wales

Medium Neutral Citation: In the matter of New View Windows Pty Ltd trading as Narellan Windows and Glass [2020] NSWSC 1905 Hearing dates: 4 November 2020 Date of orders: 4 November 2020 Decision date: 04 November 2020 Jurisdiction: Equity - Corporations List Before: Black J Decision: Company wound up in insolvency Catchwords: CORPORATIONS — Winding up — Statutory demand — Standing to bring winding up application — Where default judgment supporting statutory demand has been set aside — Whether winding up application an abuse of process — Rebutting presumption of insolvency — Whether evidence led adequate to rebut presumption of insolvency on balance of probabilities Legislation Cited: - Corporations Act 2001 (Cth), ss 95A, 459P, 459S Cases Cited: - Alternative Engine Technologies Pty Limited v Kruger Ventures Pty Limited (No 2) [2010] SASC 60 - Australian Securities and Investments Commission v Lanepoint Enterprises Pty Limited (2011) 244 CLR 1; [2011] HCA 18 - Bidald Consulting Pty Limited v Miles Special Builders Pty Limited (2005) 54 ACSR 228; [2005] NSWSC 397 - Expile Pty Limited v Jabb's Excavations No 2 [2003] NSWCA 163 - Fitness First Australia Pty Limited v Dubow [2011] NSWSC 531 - Re Gladstone Mortgagee No 1 Pty Limited [2015] NSWSC 1551 - The Owners - Strata Plan No 17572 v Nomak Holdings Pty Limited [2009] NSWSC 1412 - TS Recoveries Pty Limited v Sea-Slip Marinas (Aust) Pty Limited [2007] NSWSC 1410 Category: Principal judgment Parties: Aluminium Specialties Group Pty Ltd t/as Alspec (Plaintiff) New View Windows Pty Ltd t/as Narellan Windows and Glass (Defendant) Representation: Counsel: J R B Pearson (Plaintiff) W M Finch (Solicitor) (Defendant)