In the matter of Austpac Resources N.L. [2022] NSWSC 1668

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Austpac Resources N.L. [2022] NSWSC 1668 Hearing dates: 24 October 2022 Date of orders: 24 October 2022 Decision date: 24 October 2022 Jurisdiction: Equity - Corporations List Before: Black J Decision: The creditor's statutory demand is set aside and the defendant is to pay the plaintiff's costs of and incidental to the originating process as agreed or as assessed. Catchwords: CORPORATIONS — Winding up — Statutory demand — Application to set aside — Whether there is a genuine dispute about the existence or amount of the debt — Whether the demand should be set aside on other grounds Legislation Cited: Corporations Act 2001 (Cth), ss 459G, 459H, 459J Cases Cited: - Bampton v Viterra Limited (2015) 123 SASR 80; [2015] SASCFC 87 - Creata (Aust) Pty Ltd v Faull (2017) 125 ACSR 212; [2017] NSWCA 300 - Hodgson v Amcor Limited (2012) 264 FLR 1; [2012] VSC 94 - Lachlan v HP Mercantile Pty Ltd (2015) 89 NSWLR 198; [2015] NSWCA 130 - Re Jana Pty Ltd [2022] NSWSC 112 - Re Savemore Wholesale Pty Ltd [2021] NSWSC 307 - Re UGL Process Solutions [2012] NSWSC 1256 - Re Wollongong Coal Limited (2017) 122 ACSR 30; [2017] NSWSC 201 - Spacorn Australia Pty Ltd v Myer Stores Limited (2001) 19 ACLC 1270; [2001] VSCA 89 - Spencer Constructions Pty Ltd v G & M Aldridge Pty Ltd (1997) 76 FCR 452; [1997] FCA 681 - UGL Rail Services Pty Ltd v Janik [2014] NSWCA 436 Category: Principal judgment Parties: Austpac Resources N.L. (Plaintiff) Michael John Turbott (Defendant) Representation: Counsel: R L Gall (Plaintiff) J Dooley (Defendant)