Brodyn Pty Ltd v Dasein Constructions Pty Ltd [2004] NSWSC 1230

New South Wales Supreme Court

CITATION : Brodyn Pty Ltd v Dasein Constructions Pty Ltd [2004] NSWSC 1230 HEARING DATE(S) : 25/11/04 JUDGMENT DATE : 15 December 2004 JURISDICTION: Equity Division JUDGMENT OF : Young CJ in Eq DECISION : Held: Judgment debt extinguished by set-off under s 553 of Corporations Act.

CATCHWORDS : CORPORATIONS [183]- Administration under deed of company arrangement- Company in administration secured provisional judgment under Building and Construction Industry Security of Payment Act 1999- Judgment debtor seeking to prove in DOCA- Set-off under s 553C of Corporations Act claimed- How proof dealt with. LEGISLATION CITED : Building and Construction Industry Security of Payment Act 1999, ss 25, 32 Corporations Act 2001, ss 553C, 1321 Booth v Hutchinson (1872) LR 15 Eq 30 Brodyn Pty Ltd v Davenport [2004] NSWCA 394 Commissioner for Corporate Affairs v Harvey [1980] VR 669 Demir Pty Ltd v Graf Plumbing Pty Ltd [2004] NSWSC 553 Greenaways Australia Pty Ltd v CBC Management Pty Ltd [2004] NSWSC 1186 Gye v McIntyre (1991) 71 CLR 609 CASES CITED : Jemzone Pty Ltd v Trytan Pty Ltd [2002] NSWSC 395 Mersey Steel & Iron Co v Naylor, Benzon & Co (1884) 9 App Cas 434 Metal Manufacturers Ltd v Hall (2002) 41 ACSR 466 Re Britton & Millard Ltd (1957) 107 LJ 601 Re North Sydney District Rugby League Football Club (2000) 34 ACSR 630 Tanning Research Laboratories Inc v O'Brien (1990) 169 CLR 332 Tooma Constructions Pty Ltd v Eaton & Sons Pty Ltd [2002] NSWSC 514 Westpac Banking Corp v Totterdell (1997) 25 ACSR 769 Brodyn Pty Limited t/as Time Cost and Quality (P) PARTIES : Dasein Constructions Pty Limited (Under Deed of Company Arrangement) (D1) Brian Raymond Silvia (D2) FILE NUMBER(S) : SC 5917/03 COUNSEL : R R I Harper SC and R Rana (P) P G Fisher (D) SOLICITORS : Schrader & Associates (P) Turnbull Bowles Lawyers Pty Limited (D)