In the matter of Moula Money Pty Limited [2023] NSWSC 1434

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Moula Money Pty Limited [2023] NSWSC 1434 Hearing dates: 25 May 2023 Date of orders: 24 November 2023 Decision date: 24 November 2023 Jurisdiction: Equity - Corporations List Before: Williams J Decision: See conclusion at [237]–[238] below. Catchwords: CIVIL PROCEDURE — Preliminary discovery — Where plaintiff may be entitled to make claims for relief against the first and second defendants — Where reasonable enquiries made by plaintiff of defendants — Where plaintiff possesses extensive information as to potential claims but requires further information to decide whether to commence proceedings — Where proposed categories of preliminary discovery also extensive — Preliminary discovery granted in respect of three of nine categories sought against first defendant — Preliminary discovery granted in respect of one of three categories sought against second defendant CORPORATIONS — Management and administration — Application to inspect books — Onus of demonstrating good faith and proper purpose not met by plaintiff in respect of documents not reasonably required for plaintiff's decision to commence proceedings — Where no other purpose for proposed inspection identified — Application dismissed Legislation Cited: Civil Procedure Act 2005 (NSW), s 56 Corporations Act 2001 (Cth), ss 79, 180, 181, 181(1), 182, 182(2), 183, 183(2), 232, 233, 237, 247A, 247B, 1317H Evidence Act 1995 (NSW), s 136 Cases Cited: Enares Pty Ltd v Nimble Money Ltd (2022) 294 FCR 31; [2022] FCAFC 126 In the matter of Sirrah Pty Limited [2017] NSWSC 1683 Munstermann v Rayward; Rayward v Munstermann [2017] NSWSC 133 O'Connor v O'Connor [2018] NSWCA 214 Racing New South Wales v Racing Victoria Limited (No 2) [2023] NSWSC 576 The Age Company Ltd v Liu (2013) 82 NSWLR 268; (2013) 272 FLR 426; (2013) 296 ALR 186; [2013] NSWCA 26 Tzavaras v Tzavaras & Sons Pty Ltd [2023] NSWCA 168 Texts Cited: N/A Category: Principal judgment Parties: Enares Pty Ltd (ACN 001 060 359) (Plaintiff) Moula Money Pty Limited (ACN 164 875 325) (First Defendant) Beat Services Pty Ltd (ACN 121 451 803) (Second Defendant) Representation: Counsel: Ms LRP Rich (Plaintiff) Mr JC Hewitt SC (First Defendant) Mr MI Borsky KC with Mr K Raghavan (Second Defendant)