NSW Caselaw
New South Wales Supreme Court
CITATION : Colys Investments Pty Ltd v Smith [2007] NSWSC 1121
HEARING DATE(S) : 05/10/07
JUDGMENT DATE : 5 October 2007
JURISDICTION : Equity Division Corporations List
JUDGMENT OF : Barrett J
EX TEMPORE JUDGMENT DATE : 5 October 2007
DECISION : Order setting aside statutory demand; Order that defendant pay plaintiff's costs
CATCHWORDS : CORPORATIONS - winding up in insolvency - application for order setting aside statutory demand - whether genuine dispute as to existence of debt - debt said to arise from oral contract - conflicting versions of relevant conversation - subsequent evidence calling in question existence of contract - genuine dispute shown
LEGISLATION CITED : Corporations Act 2001, ss.459G, 459H(1)(a)
Brambles Holdings Ltd v Bathurst City Council (2001) 53 NSWLR 153 Eyota Pty Ltd v Hanave (1994) 12 ACSR 785 CASES CITED : Mibor Investments Pty Ltd v Commonwealth Bank of Australia [1994] 2 VR 290 Re Morris Catering (Aust) Pty Ltd (1993) 11 ACSR 601 Spencer Constructions Pty Ltd v G & M Aldridge Pty Ltd (1997) 76 FCR 451
PARTIES : Colys Investments Pty Ltd - Plaintiff Leslie John Smith - Defendant
FILE NUMBER(S) : SC 2835/07
COUNSEL : Mr A.R. Gee - Plaintiff Mr W.A.J. Colbron, Solicitor - Defendant
SOLICITORS : Hones La Hood - Plaintiff Colbron & Associates - Defendant
IN THE SUPREME COURT OF NEW SOUTH WALES EQUITY DIVISION CORPORATIONS LIST
BARRETT J
FRIDAY 5 OCTOBER 2007
2835/07 COLYS INVESTMENTS PTY LTD v LESLIE JOHN SMITH
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