ARBEST PTY LIMITED v STATE BANK OF NEW SOUTH WALES LIMITED [1996] NSWCA 19
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ARBEST PTY LIMITED v STATE BANK OF NEW SOUTH WALES
LIMITED
SUPREME COURT OF NEW SOUTH WALES — COURT OF APPEAL
PRIESTLEY JA
20 March 1996
[1996] NSWCA 19
Priestley JA. On 2 February this year the Court pronounced final judgment in
this matter. The parties were ordered to agree upon orders implementing the
court's judgment and in the event of disagreement of a formal character about
those orders were directed to relist the proceedings before me to settle the orders
of the Court.
Pursuant to those directions and pursuant to continuing disagreement in some
respects, concerning the form of the orders, the matter has been relisted before
me and I have before me the draft orders suggested by the appellants on the one
hand and the respondent on the other.
I have heard argument about those orders and will make orders as follows by
reference to the draft of the appellants.
Order 1, as in the appellants" draft.
Order 2, by amending the draft order in the appellants" draft to accord with the
draft order in the respondent's draft. That is, order 2 will be, orders 1 and 4 made
by Young J on 22 March 1994 be set aside.
Order 3 in the appellants" draft is the same as order 3 in the respondent's draft,
and I make it as in the appellants" draft.
Order 4 was opposed by the respondent as being unnecessary. I agree with that
view and will not make order 4.
Order 5 in the appellants" draft is agreed upon by the respondent and I make
it as in the appellants" draft, except I renumber it 4.
Order 6 in the appellants" draft was not the subject of any substantive
contention and I will make it in a varied form, numbered 5 as follows; order that
the determination of any damages pursuant to the Fair Trading Act 1987 and the
findings of this court be remitted for inquiry by a Master of the Supreme Court
in the Common Law Division at the appellants" risk as to costs.
Order 7 in the appellants" draft was a matter of a substantive kind but one
which a single judge of the Court of Appeal can deal with. It arises from the facts
that orders 2 and 3, made by Young J on 22 March 1994, entitle the respondent
to possession of the premises which are the subject of the mortgage in question,
and that those orders are undisturbed. As a result of this court's decision in the
appeal the respondent remains entitled at law to possession of the property
subject to this court's power to stay any proceedings for possession in regard to
it.
Kirby P made an order staying further proceedings for possession in regard to
the property upon certain conditions and until the conclusion of the appeal.
Since there is a possibility that the appellants will succeed in obtaining some
damages pursuant to the order remitting for inquiry by the Master the question of
damages, there is still a possibility, although it may be fairly theoretical, that the
2 UNREPORTED JUDGMENTS
appellants will recover sufficient to enable them to pay out, or to assist them in
paying out, the amount owing on the property.
I am not in possession of sufficient material to form any realistic judgment
about the likelihood of their success in that respect.
In the circumstances, it seems appropriate to me to continue the existing stay
for a period of six months upon the same conditions as those imposed by Kirby P
and upon the further condition that within a period of four weeks from today, the
amount which I am informed from the bar table has not been paid pursuant to
Kirby P's conditions, be brought up to date.
The intention is that at the conclusion of six months, if there is to be any
application for a continuation of the stay, that should be made to the Master who
will then be in much better possession, although perhaps not complete
possession, of the relevant facts to judge whether a further stay would be proper
to grant, than I am today.
Returning to the draft, I would renumber the appellants" draft order 7 as order
6 and restate it as follows: proceedings for possession in relation to the property
contained in certificate of title, folio identifier 129/15123, known as 26 Dixson
Street, Dulwich Hill, be stayed for six months from today upon the conditions
imposed by Kirby P when granting the stay which is on foot, as I am told, until
today, and upon further condition that any amounts which should have been paid
pursuant to the conditions imposed by Kirby P and unpaid at today's date be paid
within four weeks from today.
Orders accordingly.