In the matter of Acu Rate Pty Ltd [2017] NSWSC 1845

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Acu Rate Pty Ltd [2017] NSWSC 1845 Hearing dates: 10 November 2017 Date of orders: 10 November 2017 Decision date: 10 November 2017 Jurisdiction: Equity - Corporations List Before: Brereton J Decision: Statutory demand set aside Catchwords: CORPORATIONS – (CTH) Corporations Act 2001, s 459G – setting aside creditor's statutory demand – whether there is a defect in the demand productive of substantial injustice – where demand does not identify each of multiple debts claimed – whether there is a genuine dispute as to the existence of the debts in the demand – where dispute as to identity of lender. Legislation Cited: (CTH) Corporations Act 2001, s 237, s 459G, s 459H, s 459J Cases Cited: Australian Medico-Legal Group Pty Ltd v Claireleigh Mosman Pty Ltd [2017] NSWCA 218 Chippendale Printing Co Pty Ltd v Deputy Commissioner of Taxation (1995) 55 FCR 562 Condor Asset Management Ltd v Excelsior Eastern Ltd [2005] NSWSC 1139 Delta Beta Pty Ltd v Vissers (1996) 20 ACSR 583 Halal Meats Pty Ltd, In the matter of [2015] NSWSC 2041 Hashman v Australian Medico-Legal Group Pty Ltd [2016] NSWSC 1773 Topfelt Pty Ltd v State Bank of New South Wales Ltd (1993) 47 FCR 226 YCH Logistics (Australia) Pty Ltd, Re [2013] NSWSC 1874 Category: Principal judgment Parties: Acu Rate Pty Ltd (plaintiff) Health Innovations International Pty Ltd (defendant) Representation: Counsel: A M Gruzman (plaintiff) D F Elliott (defendant)