In the matter of International Materials & Technologies Pty Limited [2013] NSWSC 787

Supreme Court New South Wales

Medium Neutral Citation: In the matter of International Materials & Technologies Pty Limited [2013] NSWSC 787 Hearing dates: 11 July 2013 Decision date: 11 July 2013 Jurisdiction: Equity Division - Corporations List Before: Brereton J Decision: Creditor's statutory demand for payment dated 3 April 2013 served by the defendant on the plaintiff is null and void. Defendant to pay plaintiff's costs in the sum of $5,000. Catchwords: CORPORATIONS - insolvency and winding up - where creditor's statutory demand served in New South Wales - where demand specified address for service in Victoria - where necessary for debtor company to comply with Service and Execution of Process Act 1992 - whether statutory demand so defective as to be a nullity- statutory demand null and void Legislation Cited: (Cth) Corporations Act 2001 s 459E, s 459G, s 459H, s 459J, s 109X (Cth) Service and Execution of Process Act 1992 s 9, s 15, s 55 Cases Cited: Beralt Pty Ltd v Joe Battaglia Plastering Pty Ltd [2001] 1 Qd R 232 Elan Copra Trading Pty Ltd v JK International Pty Ltd (2005) 56 ACSR 416 Energy Conservation Systems Pty Ltd v Downer EDI Engineering Electrical Pty Ltd [2008] NSWSC 1139 Everkind Pty Limited v Hazenforn Pty Ltd [2010] NSWSC 1031 Falgat Constructions Pty Ltd v Equity Australia Corp Pty Ltd [2006] NSWCA 259 Highfield Woods Pty Ltd v Bayview Crane Hire Pty Ltd (1996) 19 ACSR 429 Howship Holdings Pty Ltd v Leslie [1996] NSWSC 314 Kalamunda Meat Wholesalers Pty Ltd v Reg Russell & Sons Pty Ltd (1994) 51 FCR 446 Vicbar Pty Ltd v Development Constructions (Newcastle) Pty Ltd (1995) 13 ACLC 1220 Crema (Vic) Pty Ltd v Land Mark Property Developments (Vic) Pty Ltd (2006) 58 ACSR 631 Re Marlan Financial Services Pty Ltd (1999) 33 ACSR 259 Sheslow v Diamond Rose (2005) 54 ACSR 376 Spencer v Bamber [2012] NSWCA 274 Topfelt Pty Ltd v State Bank of New South Wales Ltd (1993) 47 FCR 226 Ultimate Manufacturing Pty Ltd v Lyell Morris Pty Ltd (1995) 13 ACLC 1268 World Square Realty Pty Ltd [2013] NSWSC 307 Category: Principal judgment Parties: International Materials & Technologies Pty Ltd (plaintiff) Hougen Australia Pty Ltd (defendant) Representation: Counsel: V Culkoff (plaintiff) A Kaufmann (defendant) Solicitors: Russo Salvatore (plaintiff) Kalus Kerry Intelex Solicitors (defendant) File Number(s): 2013/133148