In the matter of Malosi Group Pty Ltd [2021] NSWSC 633

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Malosi Group Pty Ltd [2021] NSWSC 633 Hearing dates: 1 June 2021 Date of orders: 4 June 2021 Decision date: 04 June 2021 Jurisdiction: Equity - Commercial List Before: Black J Decision: Creditor's statutory demand amount reduced by $12,920.40. Parties to bring in short minutes of order giving effect to the judgment, and as to costs, within 7 days. Catchwords: CORPORATIONS — Winding up — Statutory demand — Affidavit in support of application — Scope and application of Graywinter principle — Where reply affidavit went beyond scope of earlier affidavit. CORPORATIONS — Winding up — Statutory demand — Genuine dispute about existence or amount of debt. CORPORATIONS — Winding up — Statutory demand — Offsetting claim. CORPORATIONS — Winding up — Statutory demand — Application to set aside — Whether demand amounts to an abuse of process — Whether defect in the demand — Where parallel proceedings brought against guarantors Legislation Cited: - Corporations Act 2001 (Cth), ss 459G, 459H, 459J Cases Cited: - Arcade Badge Embroidery Co Pty Ltd v Deputy Commissioner of Taxation (2005) 157 ACTR 22; [2005] ACTCA 3 - Britten-Norman Pty Ltd v Analysis & Technology Australia Pty Ltd (2013) 85 NSWLR 601; [2013] NSWCA 344 - BSP Mining Pty Ltd v Ranger Resources Pty Ltd [2018] VSC 263 - Grandview Ausbuilder Pty Ltd v Budget Demolitions Pty Ltd (2019) 99 NSWLR 397; (2019) 136 ACSR 563; [2019] NSWCA 60 - Graywinter Properties Pty Ltd v Gas & Fuel Corp Superannuation Fund (1996) 70 FCR 452; (1996) 21 ACSR 581; [1996] FCA 822 - Hopetoun Kembla Investments Pty Ltd v JPR Legal Pty Ltd (2011) 286 ALR 768; (2011) 87 ACSR 1; [2011] NSWSC 1343 - Infratel Networks Pty Ltd v Gundry's Telco & Rigging Pty Ltd (2012) 297 ALR 372; (2012) 92 ACSR 27; [2012] NSWCA 365 - Ligon 158 Pty Ltd v Huber (2016) 117 ACSR 495; [2016] NSWCA 330 - 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] NSWSC 199; (1996) 20 ACSR 746 - Re Australian Tailings Group Pty Ltd [2019] NSWSC 1218 - Re Bonheur Holdings Pty Ltd [2019] NSWSC 1434 - Re Essential Media and Entertainment Pty Ltd [2020] NSWSC 990 - Re Garawin Pty Ltd [2020] NSWSC 983 - Re Modern Wholesale Jewellery Pty Ltd [2017] NSWSC 236 - Re Tesrol Holdings Pty Ltd (2013) 97 ACSR 9; [2013] NSWSC 1534 - 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] NSWSC 1143 - Spencer Constructions Pty Ltd v G & M Aldridge Pty Ltd (1997) 76 FCR 452 at 464; [1997] FCA 681 TFM Epping Land Pty ltd v Decon Australia Pty Ltd [2020] NSWCA 118 - Ziegler as trustee for the Doris Gayst Testamentary Trust v Cenric Group Pty Ltd [2020] NSWCA 85 Category: Principal judgment Parties: Malosi Group Pty Ltd (Plaintiff) Sherrin Rentals Pty Ltd (Defendant) Representation: Counsel: A Rizk (Plaintiff) N Ferrett QC (Defendant)