In the matter of Trico Constructions Pty Limited [2017] NSWSC 1831

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Trico Constructions Pty Limited [2017] NSWSC 1831 Hearing dates: 25 October 2017 Decision date: 25 October 2017 Jurisdiction: Equity - Corporations List Before: Black J Decision: The creditor's statutory demand dated 14 July 2017 issued by the Defendant be set aside with costs. Catchwords: CORPORATIONS — Winding up — Statutory demand — Claim for offsetting – where Plaintiff's offsetting claim is for breach of contract – competing constructions of contract – whether Plaintiff has arguable offsetting claim Legislation Cited: - Building and Construction Industry Security of Payment Act 1999 (NSW) - Corporations Act 2001 (Cth), ss 459H, 459J Cases Cited: - Britten-Norman Pty Ltd v Analysis & Technology Australia Pty Ltd [2013] NSWCA 344; (2013) 85 NSWLR 601 - Gold City Developments Pty Ltd v Portpride Pty Ltd [2010] WASC 148 - Re Bastow Civil Constructions Pty Ltd [2017] NSWSC 934 - Re EPAQ International Pty Ltd [2017] NSWSC 1399 - Re Morris Catering (Aust) Pty Ltd (1993) 11 ACSR 601 - Re Tesrol Holdings Pty Ltd [2013] NSWSC 1534; (2013) 97 ACSR 9 - Scanhill Pty Ltd v Century 21 Australasia Pty Ltd [1993] FCA 618; (1993) 47 FCR 451; 120 ALR 173; 12 ACSR 341 Category: Principal judgment Parties: Trico Constructions Pty Ltd (Plaintiff) Autolift Garage Doors Pty Ltd (Defendant) Representation: Counsel: Plaintiff: W. Kozlowski (solicitor) Defendant: M. Condon SC