In the matter of Aegros Ltd [2021] NSWSC 1495

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Aegros Ltd [2021] NSWSC 1495 Hearing dates: 11 November 2021 Date of orders: 11 November 2021 Decision date: 11 November 2021 Jurisdiction: Equity - Corporations List Before: Rees J Decision: Dismiss application to set aside statutory demand. Catchwords: CORPORATIONS – application to set aside statutory demand – genuine dispute – construction of contract implied term – non-performance of contract – clear beyond argument that defendant provided services during period for which invoices rendered – suggested construction patently feeble. Legislation Cited: Corporations Act 2001 (Cth), ss 459G, 459H Cases Cited: In the matter of Essential Media and Entertainment Pty Ltd [2020] NSWSC 990 In the matter of Gorji Property Investment Pty Ltd [2018] NSWSC 1671 In the matter of Morris Catering (Australia) Pty Ltd (1993) 11 ACSR 601 In the matter of Granite Power Ltd [2019] NSWSC 1491 In the matter of Universal Property Group Pty Ltd [2019] NSWSC 796 In the matter of Litigation Insurance Pty Ltd [2017] NSWSC 334 In the matter of Linton Developments (Qld) Pty Ltd [2017] NSWSC 336 Britten-Norman Pty Ltd v Analysis & Technology Australia Pty Ltd (2013) 85 NSWLR 601; [2013] NSWCA 344 Eyota Pty Ltd v Hanave Pty Ltd (1994) 12 ACSR 785 TR Administration Pty Ltd v Frank Marchetti & Sons Pty Ltd [2008] VSCA 70; (2008) 66 ACSR 67 Creata (Aust) Pty Ltd v Faull [2017] NSWCA 300; (2017) 125 ACSR 212 Drillsearch Energy Ltd v Carling Capital Partners Pty Ltd [2009] NSWSC 1192 Grandview Ausbuilder Pty Ltd v Budget Demolitions Pty Ltd (2019) 99 NSWLR 397; [2019] NSWCA 60 Burton v Palmer [1980] 2 NSWLR 878 at 895 Newcombe v Newcombe (1934) 34 SR (NSW) 446 Texts Cited: J D Heydon, Heydon on Contract (2019, Lawbook Co) Category: Principal judgment Parties: Aegros Ltd (Plaintiff) Barclay Pearce Capital Pty Ltd (Defendant) Representation: Counsel: Mr PC Silver (Plaintiff) Mr PM Knowles (Defendant)