In the matter of Kisimul Holdings Pty Ltd - Kisimul Holdings Pty Ltd v Clear Position Pty Ltd [2014] NSWSC 338

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Kisimul Holdings Pty Ltd - Kisimul Holdings Pty Ltd v Clear Position Pty Ltd [2014] NSWSC 338 Hearing dates: 13 March 2013 Decision date: 26 March 2014 Jurisdiction: Equity Division - Corporations List Before: Stevenson J Decision: Applications to set aside statutory demands dismissed Catchwords: CORPORATIONS - winding up - statutory demand - application to set aside creditor's statutory demand under Corporations Act 2001 (Cth) - whether a genuine dispute has been established- claim that statutory demand fails to comply with legislative requirements - description of debt - supporting affidavit does not state belief as to the existence of genuine dispute - whether statutory demand should be set aside Legislation Cited: Corporations Act 2001 (Cth) Supreme Court (Corporations) Rules 1999 Cases Cited: Ambassador at Redcliffe Pty Ltd v Emerald Constructions Australia Pty Ltd; sub nom Ambassador at Redcliffe Pty Ltd v Barreau Peninsula Property Pty Ltd [2006] QSC 247; [2007] 2 QD R 199 Brambles Holdings Limited v Bathurst City Council (2001) 53 NSWLR 153 B & M Quality Constructions Pty Ltd v Buyrite Steel Supples Pty Ltd (1994) 15 ACSR 433 Britten-Norman Pty Ltd v Analysis and Technology Australia Pty Ltd [2013] NSWCA 344 Carwyn Constructions Pty Ltd v J&WL Consulting Services [2009] QCA 225; 73 ACSR 421 Chadmar Enterprises Pty Ltd v IGA Distribution Pty Ltd [2005] ACTSC 39;190 FLR 466 Eastern Metropolitan Regional Council v Four Seasons Construction Pty Ltd [2001] WASCA 299; (2002) 20 ACLC 352 Graywinter Properties Pty Ltd v Gas & Fuel Corporation Superannuation Fund (1996) 70 FCR 452 IFA Homeware Imports Pty Ltd v Shanghai Jerrys Candle Co Ltd [2003] FCA 533 Kezarne Pty Ltd v Sydney Asbestos Removal Services Pty Ltd (1998) 29 ACSR 11 LSI Australia v LSI Holdings; LSI Australia v LSI Consulting [2007] NSWSC 1406 Portrait Express (Sales) Pty Ltd v Kodak (Australasia) Pty Ltd (1996) 20 ACSR 746 Rapcivic Contractors Pty Ltd v Mapol Nominees Pty Ltd t/as Amalgamated Painting Services [2008] QSC 310; [2009] 1 Qd R 21 Ri-Co Holdings (Australia) Pty Ltd v Allied Sandblasters Pty Ltd (2009) 72 ACSR 103 Roadships Logistics Ltd v Tree [2007] NSWSC 1084; 64 ACSR 671 Saferack Pty Ltd v Marketing Heads Australia Pty Ltd [2007] NSWSC 1143; 25 ACLC 1392 Standard Commodities Pty Ltd v Societe Socinter Department Centragel [2005] NSWSC 493; 54 ACSR 489 Spencer Constructions Pty Ltd v G & M Aldridge Pty Ltd [1997] FCA 681; 76 FCR 452; 24 ACSR 353 Technitrade Pty Ltd v Compucon Computers (SA) Pty Ltd [2002] SASC 309 Topfelt Pty Ltd v State Bank of New South Wales Ltd (1993) 47 FCR 226; 12 ACSR 381 TR Administration Pty Ltd v Frank Marchetti & Sons Pty Ltd [2008] VSCA 70; 66 ACSR 67 Wildtown Holdings Pty Ltd v Rural Traders Co Ltd [2002] WASCA 196 Category: Principal judgment Parties: Kisimul Holdings Pty Limited (Plaintiff) Clear Position Pty Limited (Defendant) Representation: Counsel: C D Wood (Plaintiff) M J Dawson with L D Corbett (Defendant) Solicitors: In proceedings 2013/326171: Hilton Lawyers (Plaintiff) Era Legal (Defendant)