NSW Caselaw
New South Wales Supreme Court
CITATION : Glazier Holdings Pty Ltd v Meehan [2004] NSWSC 185 HEARING DATE(S) : 11, 12 & 16 December 2003 JUDGMENT DATE : 19 March 2004 JURISDICTION: Equity JUDGMENT OF : Hamilton J DECISION : Notice of demand set aside.
CATCHWORDS : CORPORATIONS [215], [216] - Winding up - Winding up by Court - Grounds for winding up - Insolvency - Application to set aside demand - Offsetting claims - What constitute - Countervailing claims arising out of same subject matter but not directly between same parties - For defect or "some other reason" - Some other reason - Substantial injustice - Existence of countervailing claims which do not fall within rubric of "offsetting claims". Corporations Act 2001 (Cth) ss 459H & 459J LEGISLATION CITED : Supreme Court Act 1970 ss 75A and 101 Supreme Court Rules 1970 Part 52A r 9 Chesson v Smith (1992) 35 FCR 594 Chippendale Printing Co Pty Ltd v Commissioner of Taxation (1995) 55 FCR 563 Classic Ceramic Importers Pty Ltd v Ceramica Antiga SA (1994) 13 ACSR 263 Equuscorp Pty Ltd v Perpetual Trustees WA Pty Ltd (1997) 80 FCR 296 Eumina Investments Pty Ltd v Westpac Banking Corporation (1998) 84 FCR 454 Glazier Holdings Pty Ltd v Australian Men's Health Pty Ltd [2001] NSWSC 6 Hoare Bros Pty Ltd v Commissioner of Taxation (1996) 62 FCR 302 CASES CITED : John Shearer Ltd v Gehl Co (1995) 60 FCR 136 Kezarne Pty Ltd v Sydney Asbestos Removal Services Pty Ltd (t/a Release Roofing Services) (1998) 29 ACSR 11 Meehan v Glazier Holdings Pty Ltd (2002) 54 NSWLR 146 Re Smith; Ex parte Chesson (1992) 106 ALR 359 Rohalo Pharmaceutical Pty Ltd v R P Scherer SpA (1994) 15 ACSR 347 Spencer Constructions Pty Ltd v G & M Aldridge Pty Ltd (1997) 76 FCR 452 Toorallie Pty Ltd v Black (t/a Chapman & Eastway) [2001] NSWSC 1088 Universal Music Australia Pty Ltd v Brown [2003] FCA 1213 Glazier Holdings Pty Limited (P) PARTIES : Graham Meehan (D1) Anthony Murphy (D2) Treykell Pty Limited (D3) FILE NUMBER(S) : SC 4069/03 COUNSEL : D B McGovern SC & M P Cleary (P) M L D Einfeld QC & K L Andronos (Ds) SOLICITORS : Pryor Tzannes & Wallis (P) Paul Bard Lawyers (Ds)
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