In the matter of Colour Metal Pty Ltd [2021] NSWSC 1012

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Colour Metal Pty Ltd [2021] NSWSC 1012 Hearing dates: 10 August 2021 Decision date: 10 August 2021 Jurisdiction: Equity - Corporations List Before: Leeming JA Decision: In proceeding 2021/155911: 1. Set aside the statutory demand dated 10 May 2021. 2. The defendant to pay the plaintiff's costs of the application on an indemnity basis. In proceeding 2021/155912: 1. Set aside the statutory demand dated 10 May 2021. 2. The defendant to pay the plaintiff's costs of the application on an indemnity basis. Catchwords: CORPORATIONS – winding up – statutory demand – application to set aside – demand not verified by affidavit – part of demand based on post-judgment interest – whether post-judgment interest a "judgment debt" – whether entitlement to post-judgment interest on Victorian judgments made decisions on New South Wales post-judgment interest distinguishable Legislation Cited: Civil Procedure Act 2005 (NSW), ss 3, 101 Corporations Act 2001 (Cth), ss 459E, 459J Supreme Court Act 1986 (Vic), s 101 Cases Cited: Anderson Formrite Pty Ltd v CASC Hire Pty Ltd (2005) 147 FCR 379; [2005] FCA 1424 Augusta Pty Ltd v Provident Capital Ltd [2011] NSWSC 807 B & M Quality Constructions Pty Ltd v Buyrite Steel Supplies Pty Ltd (1994) 15 ACSR 433 Fitness First Australia Pty Ltd v Dubow [2011] NSWSC 531; 84 ACSR 296 Four Seasons Construction Pty Ltd v Eastern Metropolitan Regional Council [2000] WASC 277; 35 ACSR 716 Hartley Poynton Pty Ltd v Ali (2005) 11 VR 568; [2005] VSCA 53 In the matter of Cooperbrown Pty Ltd [2019] NSWSC 1341 In the matter of GTH Equipment Pty Ltd [2017] NSWSC 1617 In the matter of Ming Tian Real Property Pty Ltd [2020] NSWSC 212; 145 ACSR 329 In the matter of SBC Construction Pty Ltd [2019] NSWSC 310; 136 ACSR 228 Jargon Pty Ltd v Good Earth Garden Products Pty Ltd [2006] WASC 282; 24 ACLC 1638 Pearl Bay Corp Pty Ltd v Lodur Pty Ltd [2000] WASC 315; 19 ACLC 982 Summers v PYCJU Pty Ltd [2021] VSC 230 Texts Cited: F Assaf, Statutory Demands and Winding Up in Insolvency (2nd ed, LexisNexis Butterworths, 2012) Category: Principal judgment Parties: Colour Metal Pty Ltd (Plaintiff) Geoffrey Douglas Summers (Defendant in 2021/155911) West Horse Pty Ltd (Defendant in 2021/155912) Representation: Counsel: K Petch (Plaintiff) G Bigmore QC; B J Murphy (Defendants)