NSW Caselaw
New South Wales Supreme Court
CITATION : Tilley Air Conditioning Pty Ltd v Austruc Constructions Ltd [2009] NSWSC 757
HEARING DATE(S) : 9 June 2009 JURISDICTION : Equity Division Corporations List
JUDGMENT OF : Brereton J
EX TEMPORE JUDGMENT DATE : 9 June 2009
DECISION : Applications refused
CATCHWORDS : CORPORATIONS - Applications pursuant to (CTH) Corporations Act 2001, s 456B(1), to be substituted as plaintiff - where applicant contends it is a creditor of the defendant - where defendant contends it has off-setting claim against the applicant - where Court cannot be affirmatively satisfied that applicant is a creditor – Held: A party with an untried claim for unliquidated damages is not a contingent or prospective creditor
LEGISLATION CITED : (CTH) Corporations Act 2001 s 456B(1), s 459P
CATEGORY : Procedural and other rulings
Alati v Wei Sheung (2000) 34 ACSR 489, [2000] NSWSC 601 R v Dunwoody [2004] 212 ALR 103 CASES CITED : Re A Company [1973] 1 WLR 1566, [1974] 1 All ER 256 Roy Morgan Research Centre Pty Ltd v Wilson Market Research Pty Ltd (1996) 39 NSWLR 311, 20 ACSR 108 South East Water Ltd v Kitoria Pty Ltd (1996) 21 ACSR 465 Tokich Holdings Pty Ltd v Sheraton Constructions (NSW) Pty Ltd (in liq) [2004] NSWSC 527
Tilley Air Conditioning Pty Ltd (plaintiff) PARTIES : Austruc Constructions Ltd (defendant/respondent) HC Constructions & Formwork (Aust) Pty Ltd (first applicant) PC Holdings (Aust) Pty Ltd (second applicant)
FILE NUMBER(S) : SC 2617/09
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