Timberland Property Holdings Pty Ltd v Schindler Lifts Australia Pty Ltd; Oaklands Property Holdings Pty Ltd v Schindler Lifts Australia Pty Ltd [2011] NSWSC 466

Supreme Court New South Wales

Medium Neutral Citation: Timberland Property Holdings Pty Ltd v Schindler Lifts Australia Pty Ltd; Oaklands Property Holdings Pty Ltd v Schindler Lifts Australia Pty Ltd [2011] NSWSC 466 Hearing dates: 18 May 2011 Decision date: 20 May 2011 Jurisdiction: Care and protection Before: Barrett J Decision: Statutory demand set aside conditionally Catchwords: CORPORATIONS - winding up - statutory demand - application for order setting aside - judgment debt under default judgment against two companies - unsuccessful application to have judgment set aside - appeal pending - held no genuine dispute - held no "other reason" unless judgment debt paid into court Legislation Cited: Corporations Act 2001 (Cth), Part 5.4, ss 459C(1)(a), 459G, 459H(1)(a), 459J(1)(a), 459J(1)(b), 459M Uniform Civil Procedure Rules 2005, rules 14.13(2), 16.6 Cases Cited: Asia Pacific Glass Pty Ltd v Sindea Trading Co Pty Ltd (No 2) [2003] NSWSC 845; (2003) 47 ACSR 737 Barclays Australia (Finance) Ltd v Mike Gaffikin Marine Pty Ltd (1996) 21 ACSR 235 Cranney Farm Pty Ltd v Corowa Fertilizers Pty Ltd [2011] NSWSC 9 Deputy Commissioner of Taxation v Broadbeach Properties Pty Ltd [2008] HCA 41; (2008) 237 CLR 473 Eumina Investments Pty Ltd v Westpac Banking Corporation (1998) 84 FCR 454 Meehan v Glazier Holdings Pty Ltd [2005] NSWCA 24; (2005) 53 ACSR 229 Midas Management Pty Ltd v Equator Communications Pty Ltd [2007] NSWSC 759; (2007) 25 ACLC 1038 On Time Nurses Agency Pty Ltd v Deputy Commissioner of Taxation [2010] VSC 573 Saferack Pty Ltd v Marketing Heads Australia Pty Ltd [2007] NSWSC 1143; (2007) 214 FLR 393 Category: Interlocutory applications Parties: (1) Timberland Property Holdings Pty Ltd v Schindler Lifts Australia Pty Ltd (2) Oaklands Property Holdings Pty Ltd v Schindler Lifts Australia Pty Ltd Representation: Counsel: Mr J E Thomson - Plaintiffs Mr B Gower - Defendant Solicitors: William & Co Lawyers - Plaintiffs Dejure Commercial Lawyers - Defendant File Number(s): (1) 2010/00422592 (2) 2010/00422596