In the matter of Matrix Group Co Pty Ltd [2021] NSWSC 1042

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Matrix Group Co Pty Ltd [2021] NSWSC 1042 Hearing dates: 6 August 2021 Date of orders: 6 August 2021 Decision date: 06 August 2021 Jurisdiction: Equity - Corporations List Before: Black J Decision: Creditor's statutory demand set aside with costs. Catchwords: CORPORATIONS — Winding up — Statutory demand — Genuine dispute about existence or amount of debt — Where dispute turns upon a claimed "acknowledgement" of indebtedness. Legislation Cited: - Building & Construction Industry Security of Payment Act 1999 (NSW), s 14 - Corporations Act 2001 (Cth), ss 459H Cases Cited: - Britten-Norman Pty Ltd v Analysis & Technology Australia Pty Ltd (2013) 85 NSWLR 601; [2013] NSWCA 344 - Grandview Ausbuilder Pty Ltd v Budget Demolitions Pty Ltd (2019) 99 NSWLR 397; (2019) 136 ACSR 563; [2019] NSWCA 60 - 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 - Re Wollongong Coal Ltd (2015) 110 ACSR 134; [2015] NSWSC 1680 - Spencer Constructions Pty Ltd v G & M Aldridge Pty Ltd (1997) 76 FCR 452; (1997) 147 ALR 444; (1997) 24 ACSR 353; [1997] FCA 681 Category: Principal judgment Parties: Matrix Group Co Pty Ltd (Plaintiff) TPS Group Services Pty Ltd (Defendant) Representation: Counsel: J Pokoney (Plaintiff) A J Patterson (Solicitor) (Defendant)