In the matter of Leasing Holdings Pty Ltd (formerly Charlie Lovett Pty Ltd) [2015] NSWSC 771

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Leasing Holdings Pty Ltd (formerly Charlie Lovett Pty Ltd) [2015] NSWSC 771 Hearing dates: 20 May 2015 Decision date: 17 June 2015 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Order that Leasing Holdings Pty Ltd (formerly Charlie Lovett Pty Ltd) be wound up. Nathan Vance Landrey and Ross Andrew Blakeley be appointed joint and several liquidators. Catchwords: CORPORATIONS – winding up – winding up in insolvency – application to wind up company for failure to comply with statutory demand – where the statutory demand did not comply with s 459E of the Corporations Act 2001 (Cth) – where address for service of an application to set aside the demand was located in Victoria – whether address for service was misleading – whether service required to comply with Service and Execution of Process Act 1992 (Cth) – whether defective address on the demand led to substantial injustice.

CORPORATIONS – winding up – winding up in insolvency – application to wind up company for failure to comply with statutory demand – where demand served by post – whether compliance period had elapsed since service of demand.

CORPORATIONS – winding up – winding up in insolvency – application to wind up company for failure to comply with statutory demand – whether Retail Leases Act 2003 (Vic) s 31 applied to give rise to a genuine dispute as to the existence of the debt the subject of the demand.

CORPORATIONS – winding up – winding up in insolvency – application to wind up company for failure to comply with statutory demand – whether presumption of insolvency displaced. Legislation Cited: - Acts Interpretation Act 1901 (Cth) ss 29, 29(1) - Corporations Act 2001 (Cth) ss 9, 95A(1), 95A(2), 109X, 109X(1), 459E, 459E(2), 459F, 459G, 459J, 459P, 459Q, 459S, 465C, 467A - Evidence Act 1995 (NSW) ss 136, 160, 160(1) - Retail Leases Act 1994 (NSW) s 17 - Retail Leases Act 2003 (Vic) ss 31, 31(1) - Service and Execution of Process Act 1992 (Cth) s 9 - Retail Leases Bill 2003 (Vic) Cases Cited: - Australian Securities and Investments Commission v Lanepoint Enterprises Pty Ltd (recs and mgrs apptd) [2011] HCA 18; (2011) 244 CLR 1 - Australian Securities and Investments Commission v Plymin (No 1) [2003] VSC 123; (2003) 175 FLR 124 - Bentley Smythe Pty Ltd v Anton Fabrications (NSW) Pty Ltd [2011] NSWSC 186; (2011) 248 FLR 384 - Crema (Vic) Pty Ltd v Land Mark Property Developments (Vic) Pty Ltd [2006] VSC 338; (2006) 58 ACSR 631 - Deputy Commissioner of Taxation v Contract Synergies Administration Pty Ltd [2011] FCA 743 - Deputy Commissioner of Taxation v Meredith [2007] NSWCA 354; (2007) 229 FLR 243 - Dwyer v Canon Australia Pty Ltd [2007] SASC 100 - Ege Foods Australia Pty Ltd [2014] NSWSC 983 - Elan Copra Trading Pty Ltd v JK International Pty Ltd [2005] SASC 501; (2005) 226 ALR 349 - Everkind Pty Ltd v Hazenform Pty Ltd [2010] NSWSC 1031 - Expile Pty Ltd v Jabb's Excavations Pty Ltd [2003] NSWCA 163; (2003) 45 ACSR 711 - Fancourt v Mercantile Credits Ltd (1983) 154 CLR 87 - Gani v Maiolo [2012] NSWADTAP 10 - Gani v Maiolo [2012] NSWSC 1417 - Gani v Maiolo [2013] NSWCA 107 - Lewis (as liquidator of Doran Constructions Pty Ltd (in liq)) v Doran [2005] NSWCA 243; (2005) 219 ALR 555 - Partners of Piper Alderman v Sharjade Pty Ltd [2011] NSWSC 6 - Primespace Property Investment Ltd v Vienne Pty Ltd [2015] FCA 326 - Re 8D Pty Ltd [2013] NSWSC 1297; (2013) 279 FLR 98 - Re Armcor Heating and Cooling Pty Ltd [2014] NSWSC 137 - Re Glenevan Pty Ltd [2015] NSWSC 201 - Re International Materials and Technologies Pty Ltd [2013] NSWSC 787; (2013) 282 FLR 362 - Re Marlan Financial Services Pty Ltd [1999] VSC 435; (1999) 33 ACSR 259 - Re Statewide Developments Pty Ltd [2011] NSWSC 1537 - Re Watson Road Moss Vale Developments Pty Ltd [2013] NSWSC 783 - Southern Cross Interiors Pty Ltd v Deputy Commissioner of Taxation [2001] NSWSC 621; (2001) 53 NSWLR 213 - Tomic Industries Pty Ltd [2012] NSWSC 1478 - Topfelt Pty Ltd v State Bank of New South Wales (1993) 120 ALR 155; 12 ACSR 381 - TQM Design and Construct Pty Ltd v Golden Plantation Pty Ltd [2011] NSWSC 500 - Ultimate Manufacturing Pty Ltd v Lyell Morris Pty Ltd (1995) 13 ACLC 1268 Category: Principal judgment Parties: Pran Central Shopping Centre Pty Ltd (Plaintiff) Leasing Holdings Pty Ltd (formerly Charlie Lovett Pty Ltd (Defendant) Representation: Counsel: M S Henry (Plaintiff) R Mansted Defendant)