NSW Caselaw
Reported Decision : 54 ACSR 677
New South Wales Supreme Court
CITATION : Grace Consulting Pty Ltd v Bourke Constructions Pty Ltd; Grace Consulting Pty Ltd v JLB Projects Pty Ltd [2005] NSWSC 836
HEARING DATE(S) : 08/08/05
JUDGMENT DATE : 24 August 2005
Equity Division JURISDICTION : Corporations List
JUDGMENT OF : Young CJ in Eq
DECISION : Declaration that statutory demand valid.
CATCHWORDS : CORPORATIONS [207]- Statutory demand- Application to determine validity- Defect in affidavit verifying- Affidavit stated that creditor "believed" that debt was due and payable- Whether belief that debt is due and payable is a verification of the existence of a debt or merely an assertion of the deponent's state of mind- Held a mere defect under Corporations Act, s 459J- Defect in affidavit verifying not fatal to a winding up based on the statutory demand it verifies.
Corporations Act 2001 (Cth), ss 9, 459E, 459G, 459J, 459S LEGISLATION CITED : Supreme Court Rules 1970, Pt 80A r 15 Supreme Court (Corporations) Rules 1999, rr 1.7, 5.2, Sch 1
B & M Quality Constructions Pty Ltd v Buyrite Steel Supplies Pty Ltd (1995) 13 ACLC 88 Chadah Pty Ltd v Kubota Tractor Australia Pty Ltd [2003] NSWSC 456 Daewoo Australia Pty Ltd v Suncorp-Metway Ltd (2000) 33 ACSR 481 David Grant & Co Pty Ltd v Westpac Banking Corporation (1995) 184 CLR 265 Dolvelle Pty Ltd v Australian Macfarms Pty Ltd (1998) 43 NSWLR 717 Goldspar Australia Pty Ltd v KWA Design Group Pty Ltd (1999) 17 ACLC 456 CASES CITED : IFA Homeware Imports Pty Ltd v Shanghai Jerrys Candle Co Ltd [2003] FCA 533 Main Camp Tea Tree Oil Ltd v Australian Rural Group Ltd (2002) 20 ACLC 726 Panel Tech Industries (Australia) Pty Ltd v Australia Skyreach Equipment Pty Ltd (2003) 200 ALR 321 Peel Valley Mushrooms Ltd v Corporate Investment Australia Funds Management Ltd (2000) 35 ACSR 535 Spencer Constructions Pty Ltd v G & M Aldridge Pty Ltd (1997) 76 FCR 452 Topfelt Pty Ltd v State Bank of NSW Ltd (1993) 47 FCR 226 Wildtown Holdings Pty Ltd v Rural Traders Co Ltd (2002) 172 FLR 35
We try to embed the page this law was scraped from. If the site blocks framing, you still get the link and a local excerpt.
Last checked with source on —
Checking whether the official page can be embedded…
Plain-English simplify of this law: a short summary, key points, and both sides of the argument. Generated on first view via Replicate, then cached. Vote on what helps your study.
No study brief is cached for this law yet. Sign up to generate a plain-English brief.
Sign up to generate