Perpetual Corporate Trust Limited v Tsiamoulis [2024] NSWSC 1544

Supreme Court New South Wales

Medium Neutral Citation: Perpetual Corporate Trust Limited v Tsiamoulis [2024] NSWSC 1544 Hearing dates: 30 May 2024 Date of orders: 03 December 2024 Decision date: 03 December 2024 Jurisdiction: Common Law Before: McNaughton J Decision: (1) The Notice of Motion of 3 April 2024 is dismissed. (2) Leave is granted to Perpetual to amend paragraph 4(d) of Perpetual's Reply to the Second Cross Claim of 29 April 2024, such that an additional subparagraph is inserted in the following terms: "(a) says that the Warranty of Authority Representation and Identification Representation were false, and were known by Ms Louey to be false;". (3) Leave is granted to Perpetual to include in the Proposed Amended Second Cross Claim, the claim of misleading and deceptive conduct pursuant to s 12GF of the Australian Securities and Investments Commission Act 2001 (Cth). (4) Ms Louey is to pay the costs of this Notice of Motion. Catchwords: CIVIL PROCEDURE – summary dismissal – striking out paragraphs from second cross-claim – where mortgage was procured through a broker – where allegation of forgery in the underlying loan agreement – where mortgage subsequently registered – whether registered annexure to the mortgage incorporates the loan agreement – whether interlocutory issue is a question of law with only one correct answer – whether plaintiff's cross-claim is statute barred Legislation Cited: Australian Securities and Investments Commission Act 2001 (Cth) s 12GF Limitation Act 1969 (NSW), ss 14(1)(a)-(b), 51(1)(b), 55 Real Property Act 1900 (NSW) s 56C Uniform Civil Procedure Rules 2005 (NSW) r 13.4, 14.28 Cases Cited: Agar v Hyde (2000) 201 CLR 552; [2000] HCA 41 Bakewell v Anchorage Capital Master Offshore Ltd [2019] NSWCA 199 Bass v Permanent Trustee Co Limited (1999) 198 CLR 334; [1999] HCA 9 Batistatos v Roads and Traffic Authority (NSW) (2006) 226 CLR 256; [2006] HCA 27 Collen v Wright (1857) 120 ER 241 Commonwealth v Cornwell (2007) 229 CLR 519; [2007] HCA 16 Dey v Victorian Railways Commissioners (1949) 78 CLR 61; [1949] HCA 1 General Steel Industries Inc v Commissioner for Railways (NSW) (1964) 112 CLR 125; [1964] HCA 69 Hawkins v Clayton (1988) 164 CLR 539; [1998] HCA 15 HNOE Limited v Angus & Julia Stone Pty Ltd [2024] NSWCA 271 Hunt & Hunt v Mitchell Morgan Nominees Pty Limited (2012) 247 CLR 613; [2013] HCA 10 Minister for Immigration and Border Protection v SZVFW (2018) 264 CLR 541; [2018] HCA 30 O'Brien v Bank of Western Australia Limited [2013] NSWCA 71 Penthouse Publications v McWilliam [1991] NSWCA 22 Perpetual Trustees Victoria Ltd v Cox [2014] NSWCA 328 Printy v Provident Capital Limited [2007] NSWSC 287 PT Ltd v Maradona (1992) 25 NSWLR 643 Reilly v Australia and New Zealand Banking Group Limited (No 2) [2020] FCA 1502 Seymour v Seymour (1996) 40 NSWLR 358 Sims v Commonwealth of Australia (2022) 109 NSWLR 546; [2022] NSWCA 194 Small v Tomassetti [2001] NSWSC 112; (2001)12 BPR 22,253 Spencer v Commonwealth of Australia (2010) 241 CLR 118; [2010] HCA 28 State of New South Wales v Williams [2014] NSWCA 177; (2014) 242 A Crim R 22 Wardley Australia Ltd v Western Australia (1992) 175 CLR 514; [1992] HCA 55 Wickstead v Browne (1992) 30 NSWLR 1 Wickstead v Browne (High Court of Australia, Deane, Toohey and Gaudron JJ, 30 April 1993, unrep) Winau Aust Pty Ltd & Ors v LCC Property Development Pty Limited & Ors [2020] NSWSC 434 Texts Cited: Nil Category: Procedural rulings Parties: Proceedings 2019/00208736-001 Perpetual Corporate Trust Limited (Plaintiff) Zacharenya Tsiamoulis (Defendant)