In the matter of Homeward Bound Export Cherry Project Pty Limited [2012] NSWSC 764

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Homeward Bound Export Cherry Project Pty Limited [2012] NSWSC 764 Hearing dates: 17 May 2012 Decision date: 09 July 2012 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Statutory demand dated 26 October 2011 issued by the Defendant be varied. The period for compliance with the statutory demand, as varied, be extended to 30 July 2012. The Plaintiff and the Plaintiff's Director be jointly and severally liable for the costs of the hearing on 17 May 2012. The Plaintiff otherwise to pay the costs of the proceedings. Catchwords: CORPORATIONS - Winding up - Statutory demand - Onus on recipient of statutory demand to establish genuine dispute - Test for genuine dispute. Legislation Cited: - Corporations Act 2001 (Cth) Pt 5.4, ss 459F, 459G, 459H, 459H(1)(a), 459H(1)(b), 459H(3), 459H(4), 459H(5), 459J, 459J(1)(b) - Uniform Civil Procedure Rules 2005 (NSW) rr 7.2, 42.1, 42.2 Cases Cited: - Arcade Badge Embroidery Co Pty Ltd v Deputy Commissioner of Taxation [2005] ACTCA 3; (2005) 157 ACTR 22 - Beauty Health Group Ltd v Sholl [2011] NSWSC 77 - Central City Pty Ltd v Montevento Holdings Pty Ltd [2011] WASCA 5 - CP York Holdings Pty Ltd v Food Improvers Pty Ltd [2009] NSWSC 409 - Chadwick Industries (South Coast) Pty Ltd v Condensing Vaporisers Pty Ltd (1994) 13 ACSR 37 - Energy Equity Corporation Ltd v Sinedie Pty Ltd [2001] WASCA 419; (2001) 166 FLR 179 - Eyota Pty Ltd v Hanave Pty Ltd (1994) 12 ACSR 785 - FPM Constructions Pty Ltd v Council of the City of Blue Mountains [2005] NSWCA 340 - Graywinter Properties Pty Ltd v Gas & Fuel Corp Superannuation Fund [1996] FCA 822; (1996) 70 FCR 452; 21 ACSR 521 - Hansmar Investments Pty Ltd v Perpetual Trustee Co Ltd [2007] NSWSC 103; (2007) 61 ACSR 321; 25 ACLC 282 - John Holland Construction & Engineering Pty Ltd v Kilpatrick Green Pty Ltd (1994) 14 ACSR 250 - Kay Investment Holdings Pty Ltd v North East Developments Pty Ltd (in liq) [2011] NSWSC 1121; (2011) 85 ACSR 610 - King Furniture Australia Pty Ltd v Higgs [2011] NSWSC 234 - Knight v FP Special Assets Ltd [1992] HCA 28; (1992) 174 CLR 178 - Macleay Nominees Pty Ltd v Belle Property East Pty Ltd [2001] NSWSC 743 - McMillan Investment Holdings Pty Ltd v North Coast Beach Property Pty Ltd [2011] NSWSC 1432 - May v Christodoulou [2011] NSWCA 75 - 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 - POS Media Online Ltd v B Family Pty Ltd [2003] NSWSC 147; (2003) 21 ACLC 533 - 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 - Royal Premier Pty Ltd v Taleski [2001] WASCA 48 - Saferack Pty Ltd v Marketing Heads Australia Pty Ltd [2007] NSWSC 1317 - Scanhill Pty Ltd v Century 21 Australasia Pty Ltd (1993) 47 FCR 451; 12 ACSR 341 - V & M Davidovic Pty Ltd v Professional Services Group Pty Ltd [2012] NSWSC 134 - Yates v Boland [2000] FCA 1895 Category: Principal judgment Parties: Homeward Bound Export Cherry Project Pty Limited (Applicant/Plaintiff) Farm Working Hands Pty Limited (Respondent/Defendant) Representation: Counsel: A.B. Gartrell (Director in person) (Applicant/Plaintiff) J.H. Stephenson (Respondent/Defendant) Solicitors: A.B. Gartrell (Director in person) (Applicant/Plaintiff) Flynns Solicitors (Respondent/Defendant) File Number(s): 11/370352