NSW Caselaw
New South Wales Supreme Court
CITATION : Gujarat NRE Australia v Williams [2006] NSWSC 518
HEARING DATE(S) : 24 May 2006
JUDGMENT DATE : 24 May 2006
JURISDICTION : Equity
JUDGMENT OF : Austin J
EX TEMPORE JUDGMENT DATE : 05/24/2006
DECISION : Statutory demands set aside, with indemnity costs
CATCHWORDS : CORPORATIONS - winding up in insolvency - creditor's statutory demand - offsetting claim - inappropriate use of statutory demand procedure by creditor aware of genuine offsetting claim
LEGISLATION CITED : Corporations Act 2001 (Cth), ss 459G, 459H, 459J
Calquid Pty Ltd v A & D R Illes Pty Ltd (2000) 34 ACSR 523 Eyota Pty Ltd v Hanave Pty Ltd (1994) 12 ACSR 785 CASES CITED : Filaria Pty Limited v Carlisle & Ors [2004] ACTSC 95 Gujarat NRE Australia Pty Limited v Williams [2006] NSWSC 211 Help Desk Institute Pty Ltd v Adams (1999) 17 ACLC 18 Macleay Nominees Pty Ltd v Belle Property East Pty Ltd [2001] NSWSC 743
Gujarat NRE Australia Pty Limited (P1) Gujarat NRE Coke Limited (P2) Gary Alexander Williams (D1) Mark Ngataiwhio William Gray (D2) PARTIES : Malcolm Anthony Carson (D3) Continental Mining and Minerals Handling Pty Limited (D4) Billiva Pty Limited (D5) Ambigo Pty Limited (D6) Bounty Industries Australia Pty Limited (D7)
FILE NUMBER(S) : SC 1743/06
COUNSEL : B J Gillard, Solicitor (P) T D Tzovaras, Solicitor (D1, D4 & D5)
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