Barrak Corporation Pty Ltd v Jaswil Properties Pty Ltd [2016] NSWCA 32

Court of Appeal Supreme Court New South Wales Medium Neutral Citation: Barrak Corporation Pty Ltd v Jaswil Properties Pty Ltd [2016] NSWCA 32 Hearing dates: 12 February 2016 Decision date: 07 March 2016 Before: Beazley P; Sackville AJA; Emmett AJA Decision: 1. Appeal dismissed;

2. Set aside the following orders made by Bergin CJ in Eq on 13 April 2015:

(a) Order (1); (b) Order (3); (c) Order (4); (d) Order (5); (e) Order (6);

3. Cross-appeal allowed;

4. Declare that the contract dated 23 October 2014 between the appellant as Purchaser and the respondent as Vendor of the land described in Folio Identifier 1/997613 and known as 63 Victoria Road, Parramatta was not terminated by the appellant's notice of termination dated 26 February 2015;

5. Remit the matter to the Supreme Court, Equity Division for the determination of the respondent's claim for damages;

6. Order that the appellant/cross-respondent pay the respondent/cross-appellant's costs in the court below (including the costs of the cross-summons) and of the appeal and the cross-appeal. Catchwords: CONVEYANCING – notice to complete served – purchaser responsible for serving form of transfer – vendor not ready willing and able to complete by reason of inappropriately executed transfer – whether vendor entitled to terminate

EQUITY – the doctrine in Tanwar Enterprises Pty Ltd v Cauchi – whether purchaser entitled to relief against termination for breach of essential time provision – relevance of vendor's conduct Legislation Cited: Corporations Act 2001 (Cth) Real Property Act 1900 (NSW) Uniform Civil Procedure Rules 2005 (NSW) Cases Cited: Carrapetta v Rado [2012] NSWCA 202; 16 BPR 30, 997 Champion Home Sales Pty Ltd v DCT Projects Pty Ltd [2015] NSWSC 616 Falconer v Wilson [1973] 2 NSWLR 131 Fekala Pty Ltd v Castle Constructions Pty Ltd [2002] NSWCA 297; 11 BPR 20,395 Halfpenny v Wilson (1967) 87 WN (1) (NSW) 547 Kraguljac v A & B Property Developments Pty Ltd (No 2) [2012] SASC 1 Malouf v Sterling Estates Development Corporation Pty Ltd [2002] NSWSC 920 McNally v Waitzer [1981] 1 NSWLR 294 Shepherd v Felt & Textiles of Australia Ltd [1931] HCA 21; 45 CLR 359 Sterling Estates Development Corporation Pty Ltd v Malouf [2003] NSWCA 278; 58 NSWLR 685 Strickland v Grieve (1996) NSW ConvR ¶55-762 Tanwar Enterprises Pty Ltd v Cauchi [2003] HCA 57; 217 CLR 315 Trollope & Colls v North West Metropolitan Regional Hospital Board [1973] 1 WLR 601 Category: Principal judgment Parties: Barrak Corporation Pty Ltd (Appellant/Cross-Respondent) Jaswil Properties Pty Ltd ATF Jaswil Unit Trust (Respondent/Cross-Appellant) Representation: Counsel: M K Rollinson (Appellant/Cross-Respondent) M Ashhurst SC; A Rogers (Respondent/Cross-Appellant)