NSW Caselaw
New South Wales Supreme Court
CITATION : Rivercorp Pty Ltd v Casement [2004] NSWSC 1169 HEARING DATE(S) : 2 December 2004 JUDGMENT DATE : 3 December 2004 JURISDICTION: Equity JUDGMENT OF : Hamilton J DECISION : Notice of demand set aside.
CATCHWORDS : CORPORATIONS [212], [215] - Winding up - Grounds for winding up - Insolvency - Application to set aside demand - Genuine dispute as to indebtedness - Assessing genuineness - Test to be applied - Offsetting claims - Test applicable - Amount unable to be calculated. LEGISLATION CITED : Corporations Act 2001 (Cth) s 459E CGI Information Service Systems and Management Consultants Pty Ltd v Apra Consulting Pty Ltd [2003] 47 ACSR 100 Edge Technology Pty Ltd v Lite-on Technology Corporation (2000) 34 ACSR 301 Europecars Pty Ltd v Century International Ltd (1999) 30 ACSR 774 Eyota Pty Ltd v Hanave Pty Ltd (1994) 12 ACSR 785 CASES CITED : Glazier Holdings Pty Ltd v Meehan [2004] NSWSC 185 Re Mega Engineering Australia Pty Ltd (1997) 24 ACSR 683 Remuneration Planning Corporation Pty Ltd v Paidion Foundation Pty Ltd [2001] NSWSC 598 Spencer Constructions Pty Ltd v G & A Aldridge Pty Ltd (1997) 76 FCR 452 Sterling Estates (SA) Pty Ltd v Bradley (2000) 34 ACSR 177 PARTIES : Rivercorp Pty Ltd (P) Frank Casement (D) FILE NUMBER(S) : SC 3987/04 COUNSEL : A Lo Surdo (P) A M Gruzman (D) SOLICITORS : Paul Bard (P) Baron and Associates (S)
IN THE SUPREME COURT OF NEW SOUTH WALES EQUITY DIVISION
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