In the matter of Parkroyal Investments Pty Ltd [2021] NSWSC 532

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Parkroyal Investments Pty Ltd [2021] NSWSC 532 Hearing dates: 7 May 2021 Date of orders: 7 May 2021 Decision date: 07 May 2021 Jurisdiction: Equity - Corporations List Before: Black J Decision: Creditor's statutory demand set aside. Defendant to pay Plaintiff's costs. Catchwords: CORPORATIONS — Winding up — Statutory demand — Whether plaintiff is a creditor of the defendant — Genuine dispute about existence or amount of debt Legislation Cited: - Corporations Act 2001 (Cth), ss 459E, 459G, 459J Cases Cited: - CGI Information Systems v APRA Consulting Pty Limited (2003) 47 ACSR 100; [2003] NSWSC 728 - Eyota Pty Ltd v Hanave Pty Limited (1994) 12 ACSR 785 - Ligon 158 Pty Ltd v Huber (2016) 117 ACSR 495; [2016] NSWCA 330 - Re AMP Life Ltd [2018] NSWSC 855 - Re Commonwealth Bank of Australia [2021] NSWSC 401 - Re Modern Wholesale Jewellery Pty Ltd [2017] NSWSC 236 - Re Wollongong Coal Ltd (2015) 110 ACSR 134; [2015] NSWSC 1680 - Rohan Trading Company Pty Ltd v Glengor Pastoral Company Pty Ltd [2003] NSWSC 1265 - Spencer Constructions Pty Ltd v G & M Aldridge Pty Ltd (1997) 76 FCR 452; [1997] FCA 681 Category: Principal judgment Parties: Parkroyal Investments Pty Ltd (Plaintiff) Globe Capital Administration Pty Ltd (Defendant) Representation: Counsel: Mr A. Ogborne (Plaintiff) Mr P. Reynolds (Defendant)