Rite Flow Pty Limited v Nahas Constructions (NSW) Pty Limited [2012] NSWSC 553

Supreme Court New South Wales

Medium Neutral Citation: Rite Flow Pty Limited v Nahas Constructions (NSW) Pty Limited [2012] NSWSC 553 Hearing dates: 5 March 2012 Decision date: 06 March 2012 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Statutory demand set aside. Defendant to pay Plaintiff's costs of the proceedings on an indemnity basis. Catchwords: CORPORATIONS - Winding up - Statutory demand - Application to set aside statutory demand - Whether there is a "genuine dispute" as to the amount claimed in the statutory demand. COSTS - Indemnity costs - Application for indemnity costs in circumstances where there were significant deficiencies in respect of statutory demand, a very substantial defect in the affidavit verifying the statutory demand, and a finding that the statutory demand was not a proper use of the statutory demand procedure. Legislation Cited: - Civil Procedure Act 2005 (NSW) ss 56, 57,58(1) - Corporations Act 2001 (Cth) Pt 5.4, ss 459G, 459G(3), 459F, 459H, 459J Cases Cited: - Beauty Health Group Ltd v Sholl [2011] NSWSC 77 - Meehan v Glazier Holdings Pty Ltd [2005] NSWCA 24; (2005) 53 ACSR 229 - Mibor Investments Pty Ltd v Commonwealth Bank of Australia [1994] 2 VR 290; (1993) 11 ACSR 362 - Panel Tech Industries (Australia) Pty Ltd v Australian Skyreach Equipment Pty Ltd (No 2) [2003] NSWSC 896 - Portrait Express (Sales) Pty Ltd v Kodak (Australasia) Pty Ltd (1996) 20 ACSR 746 - Scope Data Systems Pty Ltd v Gorman [2007] NSWSC 278; (2007) 70 NSWLR 176 - Steel Building Systems Pty Ltd v Beks Constructions (NSW) Pty Ltd [2010] NSWSC 1405; (2010) 245 FLR 212 Category: Principal judgment Parties: Rite Flow Pty Ltd (Plaintiff) Nahas Constructions (NSW) Pty Ltd (Defendant) Representation: Counsel: D. Allen (Plaintiff) Ms Kavaratzis (General Counsel for Defendant) Solicitors: Proctor & Associates (Plaintiff) File Number(s): 12/24150