In the matter of Savemore Wholesale Pty Ltd [2021] NSWSC 307

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Savemore Wholesale Pty Ltd [2021] NSWSC 307 Hearing dates: 19 March 2021 Date of orders: 30 March 2021 Decision date: 30 March 2021 Jurisdiction: Equity - Corporations List Before: Black J Decision: Application to set aside creditor's statutory demand dismissed Catchwords: CORPORATIONS — Winding up — Statutory demand — Application to set aside CORPORATIONS — Winding up — Statutory demand — Genuine dispute about existence or amount of debt – Whether contractual breach amounts to total failure of consideration CORPORATIONS — Winding up — Statutory demand – Whether an offsetting claim has been established CORPORATIONS – Winding up – Statutory demand – Whether to set aside for some other reason – Where the contract between the parties contains a dispute resolution clause Legislation Cited: - Corporations Act 2001 (Cth) ss 459H, 459J - Evidence Act 1995 (NSW) s 136 Cases Cited: - 2 Roslyn Street Pty Ltd v Leisure Inn Hospitality Management Pty Ltd [2011] NSWSC 512 - Arcade Badge Embroidery Co Pty Ltd v Deputy Commissioner of Taxation (2005) 157 ACTR 22 - Arris Investments Pty Ltd v Fahd [2010] NSWSC 309 Britten-Norman Pty Ltd v Analysis & Technology Australia Pty Ltd (2013) 85 NSWLR 601; [2013] NSWCA 344 - Construction Management Services Pty Ltd v Bidnia Group Pty Ltd [2008] NSWSC 1152 - Creata (Aust) Pty Ltd v Faull (2017) 125 ACSR 212; [2017] NSWCA 300 - Douglas Aerospace Pty Ltd v Indistri Engineering Albury Pty Ltd [2015] NSWSC 167 - Grandview Ausbuilder Pty Ltd v Budget Demolitions Pty Ltd (2019) 99 NSWLR 397; (2019) 136 ACSR 563; [2019] NSWCA 60 - Independent Portable Buildings Pty Ltd v Modular Building Systems Pty Ltd [2011] FCA 511 - Ligon 158 Pty Ltd v Huber (2016) 117 ACSR 495; [2016] NSWCA 330 - Macleay Nominees Pty Ltd v Belle Property East Pty Ltd [2001] NSWSC 743 - Meehan v Glazier Holdings Pty Ltd (2005) 53 ACSR 229; [2005] NSWCA 24 - National Telecoms Group Ltd v Bulldogs Rugby League Club Ltd [2003] NSWSC 654 - Palmer Petroleum Pty Ltd v BGP Geoexplorer Pte Ltd [2016] QSC 033 - Panel Tech Industries (Australia) Pty Ltd v Australian Skyreach Equipment Pty Ltd (No 2) [2003] NSWSC 896 - Portrait Express (Sales) Pty Ltd v Kodak (Australasia) Pty Ltd (1996) 20 ACSR 746; [1996] NSWSC 199 - Re Attard and Others (trading under the partnership name of Colin Biggers & Paisley) (2013) 96 ACSR 581; [2013] NSWSC 1579 - Re Australian Tailings Group Pty Ltd [2019] NSWSC 1218 - Re Garawin Pty Ltd [2020] NSWSC 983 - Re Infratel Networks Pty Ltd (2012) 91 ACSR 170; [2012] NSWSC 943 - Re Modern Wholesale Jewellery Pty Ltd [2017] NSWSC 236 - Re Morris Catering (Australia) Pty Ltd (1993) 11 ACSR 601; (1993) 11 ACLC 919 - Re Vivo International Corp Pty Ltd [2013] NSWSC 1462 - Re Wollongong Coal Ltd (2015) 110 ACSR 134; [2015] NSWSC 1680 - Saferack Pty Ltd v Marketing Heads Australia Pty Ltd (2007) 214 FLR 393; (2007) 25 ACLC 1392; [2007] NSWSC 1143 - Scanhill Pty Ltd v Century 21 Australasia Pty Ltd (1993) 12 ACSR 341; [1993] FCA 951 Specialty Fashion Group Ltd v Global Red Australia Pty Ltd [2012] NSWSC 256 - Spencer Constructions Pty Ltd v G & M Aldridge Pty Ltd (1997) 76 FCR 452; (1997) 147 ALR 444; (1997) 24 ACSR 353 - Timberland Property Holdings Pty Ltd v Schindler Lifts Australia Pty Ltd [2011] NSWSC 466 - Wollongong Coal Ltd v Gujarat NRE India Pty ltd (2015) 104 ACSR 425; [2015] FCA 221 Category: Principal judgment Parties: Savemore Wholesale Pty Ltd (Plaintiff/Applicant) The Infant Food Co Pty Ltd (Defendant/Respondent) Representation: Counsel: Mr J R Young (Plaintiff/Applicant) Mr D Krochmalik (Defendant/Respondent)