In the matter of Chameleon Mining NL; Chameleon Mining NL v Atanaskovic Hartnell [2009] NSWSC 602

New South Wales Supreme Court

CITATION : In the matter of Chameleon Mining NL; Chameleon Mining NL v Atanaskovic Hartnell [2009] NSWSC 602

HEARING DATE(S) : 25 June 2009

JUDGMENT DATE : 30 June 2009

JURISDICTION : Equity

JUDGMENT OF : Austin J

DECISION : Statutory demand set aside with costs

CATCHWORDS : CORPORATIONS - winding up - statutory demand - whether demand can be withdrawn before last date for compliance - setting aside under s 459J(1)(b) for "some other reason" - whether the court can take into account events after service of demand - whether, after service of demand, creditor is precluded from commencing proceedings for recovery of debt - whether statutory prohibition on commencing proceedings under legal profession legislation constitutes "some other reason" - COSTS - where no full trial on merits - considerations relating to reasonableness of conduct of parties in a statutory demand case

LEGISLATION CITED : Corporations Act 2001 (Cth), ss 459C, 459E, 459F, 459G, 459H, 459J Legal Profession Act 2004 (NSW), ss 332A, 350, 355, 356

Buddies Liquor Pty Ltd v Wah Lai Investment (Australia) Pty Ltd [2001] NSWSC 337 Callite Pty Ltd v Peter John Adams [2001] NSWSC 52 Cempro Pty Ltd v Dennis M Brown Pty Ltd (1994) 13 ACSR 628 Jarena Pty Ltd v Sholl Nicholson Pty Ltd (1996) 19 ACSR 425 CASES CITED : Re Elgar Heights Pty Ltd [1985] VR 657 Re Minister for Immigration and Ethnic Affairs ex parte Lai Qin (1997) 186 CLR 622 Remuneration Data Base Pty Ltd v Pauline Goodyer Real Estate Pty Ltd [2007] NSWSC 59 Soudan Lane Pty Ltd v Glen Bradshaw [2007] NSWSC 772 Tatlers.com.au Pty Ltd v Davis [2006] NSWSC 1055