Amit Laundry Pty Ltd v Jain [2017] NSWSC 1495

Supreme Court New South Wales

Medium Neutral Citation: Amit Laundry Pty Ltd v Jain [2017] NSWSC 1495 Hearing dates: 19, 20, 21 and 22 June 2017 Date of orders: 03 November 2017 Decision date: 03 November 2017 Jurisdiction: Equity Before: Ward CJ in Eq Decision: (1) Declare that the defendant holds the property identified in schedule A (and referred to in these orders as Property A) on a resulting trust as to 9.08% for the plaintiff and as to one-third of the balance for the defendant's brother, Amit Jain. (2) Order that title to Property A be rectified on the register of land titles maintained by the Registrar-General to record that Property A is held by Rajil Jain, Amit Jain and Amit Laundry Pty Limited, as tenants in common in the following shares: Rajil Jain as to 60.61%, Amit Jain as to 30.31% and Amit Laundry Pty Limited as to 9.08%. (3) Direct that a copy of these orders, once entered, be lodged with the Office of the Registrar-General at Land and Property Information for the purpose of rectification of the register in accordance with order 2 above. (4) Reserve the question of costs. (5) Direct the parties to serve brief written submissions (no more than 3 pages) in relation to costs within 14 days with the intent that the issue of costs be dealt with on the papers. Catchwords: EQUITY – Trusts and trustees – Resulting trusts – Presumption of resulting trust – Unequal contributions to purchase price

EQUITY – Trusts and trustees – Resulting trusts – Presumption of advancement

EQUITY — Trusts and trustees — Express trusts — Intention to create Legislation Cited: Corporations Act 2001 (Cth) Cases Cited: Allen v Synder [1977] 2 NSWLR 685 Amit Laundry Pty Ltd v Jain [2016] NSWSC 1871 Anderson v McPherson [No 2] [2012] WASC 19 Bahr v Nicolay [No 2] (1988) 164 CLR 604 Bennet v Bennet (1879) 10 Ch D 474 Bilson v Rogers [2008] NSWSC 469 Black Uhlans Inc v New South Wales Crime Commission Cautionary (2002) 12 BPR 22,421; [2002] NSWSC 1060 Bloch v Bloch (1981) 180 CLR 390; [1981] HCA 56 Brown v Brown (1993) 31 NSWLR 582 Buffrey v Buffrey (2006) 12 BPR 23,619; [2006] NSWSC 1349 Byrnes v Kendle (2011) 243 CLR 253; [2011] HCA 26 Calverley v Green (1984) 155 CLR 242; [1984] HCA 81 Carter v Brine [2015] SASC 204 Chau Ting Yung v Chau Ming Yung [2013] NSWSC 1089 Cook v Fountain (1672) 3 Swan 585; 36 ER 984 Cowcher v Cowcher [1972] 1 WLR 425; [1972] 1 All ER 943 Currie v Hamilton [1984] 1 NSWLR 687 Damberg v Damberg [2001] NSWCA 87 Drever v Drever [1936] ALR 446 Dullow v Dullow (1985) 3 NSWLR 531 Dyer v Dyer (1788) 2 Cox Eq Cas 92; (1788) 30 ER 42 Elddin v Hamed (No 2) [2015] NSWSC 654 Fowkes v Pascoe (1875) LR 10 Ch App 343 Hamed v Elddin [2016] NSWCA 9 Jobson v Beckingham (1983) 9 Fam LR 169 Kauter v Hilton (1953) 90 CLR 86 Kerr v Baranow [2011] 1 SCR 269; [2011] SCC 10 Knight v Knight (1840) 3 Beav 148 Korda v Australian Executor Trustees (SA) Ltd (2015) 255 CLR 62; [2015] HCA 6 Mackowik v Kansas City St J & C B R Co 94 SW 256 (1906) Martech Energy Systems Pty Ltd (in liq) v Bell [2005] VSC 198 Martin v Martin (1959) 110 CLR 297; [1959] HCA 62 McGregor v Nicol [2003] NSWSC 332 Mordecai v Mordecai (1988) 12 NSWLR 58 Murtagh v Murtagh [2013] NSWSC 926 Muschinski v Dodds (1985) 160 CLR 58; [1985] HCA 78 Napier v Public Trustee (WA) (1980) 332 ALR 153 Neilson v Letch (No 2) [2006] NSWCA 254 Nelson v Nelson (1995) 184 CLR 538 at 547; [1995] HCA 25 Nguyen v Phan (No 2) [2015] VSC 634 Noack v Noack [1959] VR 137 Ong v Lottwo Pty Ltd (in Liq) [2013] SASCFC 57 Re Kerrigan; Ex parte Jones (1946) 47 SR (NSW) 76 Ryan v Dries (2002) 10 BPR 19,497; [2002] NSWCA 3 Ryan v Ryan [2012] NSWSC 636 Shepherd v Doolan [2005] NSWSC 42 Singh v Singh [2004] NSWSC 109 Thornton v Hyde [2004] NSWSC 125 Wallington v Kokotovich Constructions Pty Ltd (1993) 11 ACSR 759 Weige v Cupton Pty Ltd (2012) 8 ASTLR 229; [2012] NSWCA 414 Texts Cited: W Ashburner, Principles of Equity (Butterworths, 1902) J Glister, "Is There a Presumption of Advancement?" (2011) 33 Sydney Law Review 39 MJ Leeming and JD Heydon, Jacobs' Law of Trusts in Australia (8th ed, 2016, LexisNexis) W Swadling, "Explaining Resulting Trusts" (2008) 124 Law Quarterly Review 72 L Tucker et al, Lewin on Trusts (19th ed, 2015, Sweet & Maxwell) PW Young, C Croft and ML Smith, On Equity (Lawbook Co, 2009) Category: Principal judgment Parties: Amit Laundry Pty Ltd (Plaintiff) Rajil Jain (Defendant) Representation: Counsel: JE Thomson with M Hall (Plaintiff) ATS Dawson SC with C Mitchell (Defendant)