In the matter of Macarthur Projects Pty Limited [2021] NSWSC 1563

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Macarthur Projects Pty Limited [2021] NSWSC 1563 Hearing dates: 24 November 2021 Date of orders: 24 November 2021 Decision date: 24 November 2021 Jurisdiction: Equity - Corporations List Before: Black J Decision: Creditor's statutory demands set aside. Defendants to pay the costs of the application. Catchwords: CORPORATIONS — Winding up — Statutory demand — Genuine dispute about existence or amount of debt — Where there exists a dispute as to the character of certain amounts paid — Whether the amounts paid were in the nature of loans — Where the determination of that question would require the court to make a merits decision. Legislation Cited: - Corporations Act 2001 (Cth), ss 206D, 459H Cases Cited: - Britten-Norman Pty Ltd v Analysis & Technology Australia Pty Ltd (2013) 85 NSWLR 601; [2013] NSWCA 344 - Creata (Aust) Pty Ltd v Faull (2017) 125 ACSR 212; [2017] NSWCA 300 - 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 v Australian Skyreach (No 2) [2003] NSWSC 896 - Re Savemore Wholesale Pty Ltd [2021] NSWSC 307 - 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) 15 ACLC 1001; [1997] FCA 681 Category: Principal judgment Parties: Macarthur Projects Pty Ltd (Plaintiff) Menangle Pty Ltd (First Defendant) Macquarie Constructions Group Pty Ltd (Second Defendant) Thomas Cardinal (Third Defendant) Representation: Counsel: P Beazley (Solicitor) (Plaintiff) A Jordan (Defendants)