In the matter of Scahill & Co Pty Limited [2016] NSWSC 566

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Scahill & Co Pty Limited [2016] NSWSC 566 Hearing dates: 19 April 2016 Decision date: 06 May 2016 Jurisdiction: Equity - Corporations List Before: Black J Decision: Order that creditor's statutory demand be set aside. Order that Defendant pay the Plaintiff's costs of the application as agreed or as assessed. Catchwords: CORPORATIONS — Winding up — Application to set aside creditor's statutory demand under ss 459H and 459J of the Corporations Act 2001 (Cth) – where Plaintiff alleged an entire contract where its obligation to pay Defendant depended on at least substantial performance by Defendant – where the creditor's statutory demand comprised several debts – whether Graywinter principle applies to restrict matters that can be relied upon – whether it was arguable that contract was an entire contract – whether there was genuine dispute as to whether Defendant's services constituted substantial performance of agreement – whether there is some other reason why demand should be set aside under s 459J(1)(b) of the Corporations Act 2001 (Cth). Legislation Cited: - Corporations Act 2001 (Cth), ss 459G, 459H, 459J, Pt 5.4 - Evidence Act 1995 (NSW), s 136 Cases Cited: - Automatic Fire Sprinklers Pty Ltd v Watson (1946) 72 CLR 435 - CGI Information Systems & Management Consultants Pty Ltd v APRA Consulting Pty Ltd [2003] NSWSC 728; (2003) 47 ACSR 100 - Electricity Generation Corporation (t/as Verve Energy) v Woodside Energy Ltd [2014] HCA 7; (2014) 251 CLR 640 - Eyota Pty Ltd v Hanave Pty Ltd (1994) 12 ACSR 785 First State Computing Pty Ltd v Kyling (1995) 13 ACLC 939 - Graywinter Properties Pty Ltd v Gas & Fuel Corp Superannuation Fund [1996] FCA 822; (1996) 70 FCR 452 - H Dakin & Co Ltd v Lee [1916] 1 KB 566 - Hoenig v Isaacs [1952] 2 All ER 176 - 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 - NT Resorts Pty Ltd v Deputy Commissioner of Taxation (1998) 153 ALR 359 - Re Halal Meats Pty Ltd [2015] NSWSC 2041 - Re MK Group Phoenix Pty Ltd [2014] NSWSC 1467 - Re PPK Group Ltd [2015] NSWSC 1498 - Re UGL Process Solutions Pty Ltd [2012] NSWSC 1256 - Re UGL Process Solutions Pty Ltd [2012] NSWSC 1256 - Rinfort Pty Ltd v Arianna Holdings Pty Ltd [2016] NSWSC 251 - Saferack Pty Ltd v Marketing Heads Australia Pty Ltd [2007] NSWSC 1143; (2007) 214 FLR 393 - Segboer v AJ Richardson Properties Pty Ltd [2012] NSWCA 253; (2012) 16 BPR 31,235 - Spencer Constructions Pty Ltd v G & M Aldridge Pty Ltd [1997] FCA 681; (1997) 76 FCR 452 - Toll (FGCT) Pty Ltd v Alphapharm Pty Ltd [2004] HCA 52; (2004) 219 CLR 165 - TR Administration Pty Ltd v Frank Marchetti & Sons Pty Ltd [2008] VSCA 70; (2008) 66 ACSR 67 Texts Cited: - J W Carter, Carter's Breach of Contract, (2011, LexisNexis Butterworths) Category: Principal judgment Parties: Scahill & Co Pty Limited (Plaintiff) Armacor Pty Limited (Defendant) Representation: Counsel: E Peden (Plaintiff) J Sleight (Defendant)