In the matter of YCH Logistics (Australia) Pty Ltd ACN 078 330 837 [2013] NSWSC 1874

Supreme Court New South Wales

Medium Neutral Citation: In the matter of YCH Logistics (Australia) Pty Ltd ACN 078 330 837 [2013] NSWSC 1874 Hearing dates: 2 September 2013 Decision date: 02 September 2013 Jurisdiction: Equity Division - Corporations List Before: Brereton J Decision: In proceedings 2013/170349: Order that the creditor's statutory demand served by the defendant on the plaintiff on 15 May 2013 be set aside. In proceedings 2013/170350: Order that creditor's statutory demand served by the defendant on the plaintiff on 28 May 2013 be varied by substituting for the amount of the debt claimed the sum of $746,673.72. Catchwords: CORPORATIONS - external administration - winding up - winding up in insolvency - application to set aside statutory demands under s 459H and s 459J - adequacy of description of debt claimed - whether genuine dispute as to existence of debt or amount or any offsetting claim. Legislation Cited: (CTH) Corporations Act 2001 s 459G, s 459H, s 459J Cases Cited: Canon Australia Pty Limited v Yong Brothers Pty Limited [2009] NSWSC 842 Chippendale Printing Company Pty Ltd v Deputy Commissioner of Taxation Office (1995) 15 ACSR 682; 55 FCR 562 Condor Asset Management Limited v Excelsior Eastern Limited [2005] NSWSC 1139; (2005) 56 ACSR 223 Energy Equity Corporation Limited v Sinedie Proprietary Limited [2001] WASC 419; (2001) 166 FLR 179 Financial Solutions Australasia Pty Limited v Predella Pty Limited [2002] WASCA 51; (2002) 26 WAR 306 Goldspar Australia Pty Limited v KWA Design Group Pty Limited (1999) 17 ACLC 456 Hansmar Investments Pty Limited v Perpetual Trustee Co Limited [2007] NSWSC 103; (2007) 61 ACSR 321 John Holland Constructions and Engineering Pty Limited v Kilpatrick Green (1994) 14 ACSR 250 LSI Australia v LSI Holdings [2007] NSWSC 1406 NA Investments Holdings Pty Limited v Perpetual Nominees Limited [2010] NSWCA 210 Category: Principal judgment Parties: YCH Logistics Australia (plaintiff) Allied Overnight Express Pty Ltd (defendant, 2013/170349) Allied Express Transport Pty Ltd (defendant, 2013/170350) Representation: Counsel: S Golledge (plaintiff) D Riedstra (solicitor) (defendants) Solicitors: Champion Legal (plaintiff) Prime Lawyers (defendants) File Number(s): 2013/170349; 2013/170350