1st Fleet Pty Ltd (in liquidation) v Kingtex International Pty Ltd [2013] NSWLC 29

Local Court New South Wales

Medium Neutral Citation: 1st Fleet Pty Ltd (in liquidation) v Kingtex International Pty Ltd [2013] NSWLC 29 Hearing dates: 14/08/2013 Decision date: 13 September 2013 Jurisdiction: Civil Before: Magistrate Huntsman Decision: The Local Court has jurisdiction to consider the defendant's equitable set-off Catchwords: CIVIL PROCEEDINGS - debt recovery - insolvent plaintiff - defence of equitable set-off - whether Corporations Act sets up exclusive jurisdiction for proof of debts against company in winding up - jurisdiction of Local Court to consider equitable defence Legislation Cited: Bankruptcy Act 1966 (Cth) Civil Procedure Act 2005 Contracts Review Act 1980 Corporations Act 2001 (Cth) Corporations Regulations 2001 (Cth) District Court Act 1973 Family Provision Act 1982 Law Reform (Law and Equity) Act 1972 Local Court Act 2007 Property (Relationships) Act 1984 Supreme Court Act 1970 Cases Cited: Andrew Hennessey v Architectus Group Holdings Pty Ltd [2010] NSWDC 61 Attorney-General v Walker (1849) 154 ER 833 AWA Ltd v Exicom Australia Pty Ltd (1990) 19 NSWLR 705 Commonwealth Bank of Australia v Hadfield (2001) 53 NSWLR 614 Concrete Equipment Australia (Trading) Pty Ltd v Bonfiglioli Transmission (Aust) Pty Ltd [2010] NSWSC 393 Equititrust Ltd v Franks [2009] NSWCA 128 Roadshow Entertainment Pty Ltd v ACN 053 006 269 Pty Ltd (receiver & manager appointed) (formerly Cel Home Video Pty Ltd) (1997) 42 NSWLR 462 Day & Dent Constructions Pty Ltd (in liquidation) v North Destroy in Properties Pty Ltd (provisional liquidator appointed) (1981) 34 ALR 595 Grassby v The Queen (1989) 168 CLR 1 JLF Bakeries Proprietary Limited (in liquidation) v Baker's Delight Holdings Ltd [2007] NSWSC 894 Mine & Quarry Equipment International Ltd v Macintosh (as liquidator of Mine & Quarry Equipment Pty Ltd (in liq)) [2005] QCA 186 Pelechowski v Registrar, Court of Appeal [1999] HCA 19; (1999) 198 CLR 435 Stehar Knitting Mills Pty Ltd v Southern Textile Converters Pty Ltd [1980] 2 NSWLR 514 Tanning Research Laboratories Inc v O'Brien (1990) 169 CLR 332 Westmex Operations Pty Ltd v Westmex Ltd (in liquidation) (1992) 8 ACSR 146 Texts Cited: Meagher, Gummow and Lehane, 'Equity: Doctrines and Remedies' (2002, 4th ed), LexisNexis Category: Interlocutory applications Parties: 1st Fleet Pty Ltd (in liquidation) (plaintiff) Kingtex International Pty Ltd (defendant) Representation: Mr Norrie (for the plaintiff) Mr Currie (for the defendant) ERA Legal (for the plaintiff) TK Legal (for the defendant) File Number(s): 2013/42442