In the matter of Diveva Pty Limited [2015] NSWSC 509

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Diveva Pty Limited [2015] NSWSC 509 Hearing dates: 13 April 2015 Decision date: 05 May 2015 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Order that the creditor's statutory demand be set aside. Defendant to pay the Plaintiff's costs of the application as agreed or assessed Catchwords: CORPORATIONS – Winding up – Statutory demand – Application to set aside a creditor's statutory demand under Corporations Act 2001 (Cth) ss 459H and 459J – Whether there is a genuine dispute as to the existence or amount of debt – Whether an offsetting claim has been established – Whether affidavit evidence as to profit margin sufficient to support offsetting claim under s 459H(1)(b) Legislation Cited: - Corporations Act 2001 (Cth) Pt 5.4, ss 459G, 459H, 459H(1), 459H(2), 459H(5), 459J - Sale of Goods Act 1923 (NSW) s 19 Cases Cited: - BBB Constructions Pty Ltd v Frankipile Australia Pty Ltd [2008] NSWSC 982; (2008) 68 ACSR 1 - Britten-Norman Pty Ltd v Analysis and Technology Australia Pty Ltd [2013] NSWCA 344; (2013) 85 NSWLR 601 - Crontec Automotive Tooling Pty Ltd v Allsteel [2006] NSWSC 555 - Diploma Constructions (WA) Pty Ltd v KPA Architects Pty Ltd [2014] WASCA 91 - Eyota Pty Ltd v Hanave Pty Ltd (1994) 12 ACSR 785 - Financial Solutions Australasia Pty Ltd v Predella Pty Ltd [2002] WASCA 51; (2002) 26 WAR 306 - Graywinter Properties Pty Ltd v Gas & Fuel Corporation Superannuation Fund (1996) 70 FCR 452; 21 ACSR 581 - Hopetoun Kembla Investments Pty Ltd v JPR Legal Pty Ltd [2011] NSWSC 1343; (2011) 87 ACSR 1 - Infratel Networks Pty Ltd v Gundry's Telco & Rigging Pty Ltd [2012] NSWCA 365; (2012) 92 ACSR 27 - Jesseron Holdings Pty Ltd v Middle East Trading Consultants Pty Ltd (No 2) (1994) 13 ACSR 787 - John Holland Construction & Engineering Pty Ltd v Kilpatrick Green Pty Ltd (1994) 14 ACSR 250 - LSI Australia Pty Ltd v LSI Holdings Ltd [2007] NSWSC 1406; (2007) 25 ACLC 1602 - Lynch Management Group Pty Ltd v S.R. Electronics Co Pty Ltd [2001] NSWSC 39 - Pravenkav Group Pty Ltd v Diploma Construction (WA) Pty Ltd (No 3) [2014] WASCA 132; (2014) 46 WAR 483 - Re Morris Catering (Australia) Pty Ltd (1993) 11 ACSR 601 - Royal Premier Pty Ltd v Taleski [2001] WASCA 48 - Scanhill Pty Ltd v Century 21 Australasia Pty Ltd [1993] FCA 618; (1993) 12 ACSR 341 - Stone Group Asia Pacific Investments Ltd v Johnston Taylor Corporate Ltd [1999] NSWSC 127 - Zenaust Imports Pty Ltd v Alembic Chemicals Works Co Ltd (1998) 28 ACSR 465 Category: Principal judgment Parties: Diveva Pty Ltd (Plaintiff) Pacific Blue Metal Pty Ltd (Defendant) Representation: Counsel: J C Giles (Plaintiff) B DeBuse (Defendant)