Dventures Pty Ltd v Wily [2001] NSWSC 641

New South Wales Supreme Court

CITATION : Dventures Pty Ltd v Wily [2001] NSWSC 641 FILE NUMBER(S) : SC 5045/00 HEARING DATE(S) : 19 July 2001 JUDGMENT DATE : 27 July 2001

PARTIES : Dventures Pty Limited (Plaintiff) Andrew Hugh Jenner Wily - In his capacity as Deed Administrator of Brac Retail Pty Limited (Defendant) JUDGMENT OF : Master McLaughlin

COUNSEL : J. K. Chippindall (Plaintiff) P.T. Russell (Defendant) SOLICITORS : M.D. Nikolaidis & Co. (Plaintiff) Jones King Lawyers (Defendant) CATCHWORDS : Corporations - Statutory Demand - Application to set aside - Whether there is a debt - Status of Defendant to serve demand - Whether Defendant is a creditor - Whether demand is defective - Authority of partner of Defendant to sign demand - Matter of evidence - Affidavit accompanying demand - Whether affidavit complies with the rules - Requirement that affidavit verifies that the debt is due and payable - Debt asserted to arise upon a dishonoured cheque - Whether there was valuable consideration for the cheque - Antecedent debt - Relationship between receipt of cheque and antecedent debt - Bearer cheque - Status of Defendant as bearer of cheque - Status of Defendant as holder of cheque - Whether there is a genuine dispute as to the existence of the debt - Whether demand should be set aside for "some other reason". Partnership Act 1892 (NSW) LEGISLATION CITED : Cheques Act 1986 (Cth) Bills of Exchange Act 1882 (United Kingdom) Azed Developments Pty Limited v Frederick & Co. Limited (1994) 14 ACSR 54 Daewoo Australia Pty Limited v Suncorp-Metway Limited (2000) 33 ACSR 481 DCT (Vic) v Players Entertainment Network Pty Limited (1988) 13 ACLR 541 Dennis Hanger Pty Limited v Kanambra Pty Limited (1992) 6 ACSR 687 CASES CITED : Kezarne Pty Limited v Sydney Asbestos Removal Services Pty Limited (1998) 29 ACSR 11 Oliver v Davis [1949] 2 KB Portrait Express (Sales) Pty Limited v Kodak (Australasia) Pty Limited (1996) 20 ACSR 746 Rothwells Limited v Nommack (No. 100) Pty Limited (1998) 13 ACLR 421 Spencer Constructions Pty Limited v G & M Aldridge Pty Limited (1997) 76 FCR 452 Walsh v Hoag-Bosch Limited [1977] VR 178 DECISION : See paragraph 90