Braams Group Pty Ltd v Miric [2002] NSWCA 417

Reported Decision : (2003) 44 ACSR 124

New South Wales Court of Appeal

CITATION : Braams Group Pty Ltd v Miric [2002] NSWCA 417 FILE NUMBER(S) : CA 40701/01 HEARING DATE(S) : 29 November 2002 JUDGMENT DATE : 20 December 2002

PARTIES : Braams Group Pty Limited (Appellant) Peter Miric (Respondent) JUDGMENT OF : Mason P at 1; Stein JA at 2; Ipp JA at 66

LOWER COURT JURISDICTION : Supreme Court LOWER COURT SC 3393/01 FILE NUMBER(S) : LOWER COURT Young CJ in Eq JUDICIAL OFFICER :

COUNSEL : C Stevens QC/K Eassie (Appellant) T G R Parker (Respondent) SOLICITORS : Etheringtons (Appellant) Boskovitz & Associates (Respondent) CATCHWORDS : CORPORATIONS LAW 2001, Part 5.4 - winding up in insolvency - statutory demand pertaining to disputed judgment debt - effect of failure to lodge application to set aside within prescribed time limit - no abuse of process for creditor to exploit rebuttable presumption of insolvency to recover disputed debt under current statutory scheme - ND LEGISLATION CITED : Corporations Law 2001, Pt 5.4, ss 459C(2)(a), P, G, S Audio Acoustics Pty Ltd v Pioneer Electronic Australia Pty Ltd (1982) 7 ACLR 180 Chief Commissioner of Stamp Duties v Paliflex Pty Ltd (1999) 17 ACLC 467 David Grant & Co Pty Ltd v Westpac Banking Corporation (1995) 184 CLR 265 De Montfort v Southern Cross Exploration NL (1987) 5 ACLC 709 House of Tan Pty Ltd v Beachiris Pty Ltd (1996) 14 ACLC 1536 CASES CITED: House v The King (1936) 55 CLR 499 Pacific Communication Rentals Pty Ltd v Walker (1993) 12 ACSR 287 Redglove Holdings Pty Ltd v GNE & Associates Pty Ltd [2001] NSWSC 867 Re J & E Holdings Pty Limited (1995) 36 NSWLR 541 State Bank v Tela Pty Ltd (No 2) [2002] NSWSC 20 Texel Pty Ltd v Commonwealth Bank (1993) 11 ACSR 535 Williams v Spautz (1992) 174 CLR 509 DECISION : Appeal dismissed with costs