House of Golf Chatswood P/L v McManus & OrsMcManus & 2 Ors v House of Golf Chatswood & 5 OrsVardon Golf Co P/L (In Liq) v McManus & 1 Or [2005] NSWSC 1078

New South Wales Supreme Court

CITATION : House of Golf Chatswood P/L v McManus & OrsMcManus & 2 Ors v House of Golf Chatswood & 5 OrsVardon Golf Co P/L (In Liq) v McManus & 1 Or [2005] NSWSC 1078

HEARING DATE(S) : 17/06/05

JUDGMENT DATE : 26 October 2005

Equity Division JURISDICTION : Corporations List

JUDGMENT OF : White J

DECISION : 1. Dismiss each appeal; 2. appellant pay the respondents' costs of the appeals.

CATCHWORDS : PRACTICE AND PROCEDURE - Appeal from Master - Transfer of proceedings from District Court to Supreme Court - Leave to proceed against a company in liquidation - Where defendants in District Court proceedings claim a set-off against debt sought to be recovered by liquidator - Grounds of appeal discussed -Discretion exercised anew - Corporations Act ss 500(2), 553C - Master's decision upheld.

Corporations Act 2001 (Cth) Trade Practices Act 1974 (Cth) LEGISLATION CITED : Supreme Court Rules 1970 (NSW) District Court Act 1973 (NSW)

Gye v McIntyre (1991) 171 CLR 609 House v R (1936) 55 CLR 499 BHG Nominees Pty Ltd v Ellis Young Investments Pty Ltd (1998) 16 ACLC 1539 CASES CITED : Capita Financial Group Ltd v Rothwells Ltd (No. 2) (1989) 15 ACLR 348 Nommack (No 100) Pty Ltd v FAI Insurances Ltd (in liq) (2003) 45 ACSR 215 Vagrand Pty Ltd (In Liq) v Fielding & Ors (1993) 10 ACSR 373; 41 FCR 550

House of Golf Chatswood Pty Ltd v John Patrick McManus & Ors PARTIES : John Patrick McManus & 2 Ors v House of Golf Chatswood Pty Ltd & 5 Ors Vardon Golf Co Pty Ltd (In Liq) v John Patrick McManus & 1 Or