In the matter of UGL Process Solutions Pty Ltd [2012] NSWSC 1256

Supreme Court New South Wales

Medium Neutral Citation: In the matter of UGL Process Solutions Pty Ltd [2012] NSWSC 1256 Hearing dates: 21 September 2012 Decision date: 18 October 2012 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Defendant's statutory demand dated 12 July 2012 set aside. Defendant to pay Plaintiff's costs, as agreed or as assessed. Catchwords: CORPORATIONS - Winding up - Statutory demand - Application to set aside statutory demand - Whether genuine dispute established - Whether there is some other reason to set aside statutory demand - Whether defect in statutory demand which would give rise to substantial injustice - Whether there has been proper use of statutory regime. Legislation Cited: - Corporations Act 2001 (Cth) Pt 5.4, ss 459G, 459H, 459H(1)(a), 459H(2), 459H(3), 459H(4), 459J, 459J(1)(a), 459J(1)(b) Cases Cited: - Arcade Badge Embroidery Co Pty Ltd v Deputy Commissioner of Taxation [2005] ACTCA 3; (2005) 157 ACTR 22 - Australian Broadcasting Commission v Australasian Performing Right Association Ltd [1973] HCA 36; (1973) 129 CLR 99 - Australian Broadcasting Corporation v XIVth Commonwealth Games Ltd (1988) 18 NSWLR 540 - Central City Pty Ltd v Montevento Holdings Pty Ltd [2011] WASCA 5 - Chadwick Industries (South Coast) Pty Ltd v Condensing Vaporisers Pty Ltd (1994) 13 ACSR 37 - CP York Holdings Pty Ltd v Food Improvers Pty Ltd [2009] NSWSC 409 - Edge Technology Pty Ltd v Lite-On Technology Corporation [2000] NSWSC 471; (2000) 34 ACSR 301 - Energy Equity Corp Ltd v Sinedie Pty Ltd [2001] WASCA 419; (2001) 166 FLR 179 - Eyota Pty Ltd v Hanave Pty Ltd (1994) 12 ACSR 785 - First State Computing Pty Ltd v Kyling (1995) 13 ACLC 939 - Graywinter Properties Pty Ltd v Gas & Fuel Corp Superannuation Fund (1996) 70 FCR 452; 21 ACSR 581 - Hansmar Investments Holdings Pty Ltd v Perpetual Trustee Co Ltd [2007] NSWSC 103; (2007) 61 ACSR 321; 25 ACLC 282 - John Holland Construction and 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 - 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 - Pacific Carriers Ltd v BNP Paribas [2004] HCA 35; (2004) 218 CLR 451 - 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 - POS Media Online Ltd v B Family Pty Ltd [2003] NSWSC 147; (2003) 21 ACLC 533 - Re 2 Roslyn Street Pty Ltd [2011] NSWSC 512 - Re Morris Catering (Australia) Pty Ltd (1993) 11 ACSR 601 - Saferack Pty Ltd v Marketing Heads Australia Pty Ltd [2007] NSWSC 1317 Category: Principal judgment Parties: UGL Process Solutions Pty Limited (Plaintiff) G & K Akers Contracting Pty Limited (Defendant) Representation: Counsel: D.R. Sibtain (Plaintiff) R. Dubler SC/C.P. O'Neill (Defendant) Solicitors: Corrs Chambers Westgarth (Plaintiff) Withnalls Lawyers (Defendant) File Number(s): 12/240786