In the matter of AMP Life Limited [2018] NSWSC 855

Supreme Court New South Wales

Medium Neutral Citation: In the matter of AMP Life Limited [2018] NSWSC 855 Hearing dates: 4 June 2018 Decision date: 08 June 2018 Before: Gleeson JA Decision: (1) The statutory demand dated 19 March 2018 and served on the plaintiff by the defendant be set aside.

(2) The defendant pay the plaintiff's costs of the proceedings. Catchwords: CORPORATIONS – CORPORATIONS – statutory demand – application for declaration that statutory demand is a nullity – whether non-compliance with prescribed Form 509H renders demand invalid – where demand served in New South Wales – where no address for service in New South Wales given in the demand CORPORATIONS – statutory demand – application to set aside statutory demand – whether fundamental defects in demand cause substantial injustice to the company – Corporations Act 2001 (Cth), s 459J(1)(a) - whether creditor failed to identify the source or basis of the debt – whether amount of the debt is grossly overstated – whether the alleged gross overstatement constitutes "some other reason" to set aside the demand – Corporations Act 2001 (Cth), s 459J(1)(b) - whether genuine dispute about the existence of the debt - Corporations Act 2001 (Cth), s 459H(1)(a) Legislation Cited: Corporations Act 2001 (Cth), ss 9, 459E, 459G, 459H, 459J, Pt 5.4 Corporations Regulations 2001 (Cth), Sch 2 Service and Execution of Process Act 1992 (Cth), ss 15, 16 Service and Execution of Process Act Regulations 1993 (Cth) Commonwealth Constitution, s 51(xxiv) Uniform Civil Procedure Rules 2005 (NSW), r 42.1 Cases Cited: Business to All Australia Pty Ltd v North East Developments Pty Ltd (recs and mgrs apptd) [2011] NSWSC 668 Creata (Aust) Pty Ltd v Faull [2017] NSWCA 300 Crema (Vic) Pty Ltd v Land Mark Property Developments (Vic) Pty Ltd [2006] VSC 338; (2006) 58 ACSR 631 Edwards v Hunter Valley Co-op Dairy Co Ltd (1992) 7 ANZ Ins Cas 61-113 Equuscorp Pty Ltd (formerly Equus Financial Services Ltd) v Perpetual Trustees WA Ltd (1997) 80 FCR 296; (1997) ACSR 675 Everkind Pty Ltd v Hazenforn Pty Ltd [2010] NSWSC 1031 Eyota Pty Ltd v Hanave Pty Ltd (1994) 12 ACSR 785 First State Computing Pty Ltd v Kyling (1995) 13 ACLC 939 Hannover Life Re of Australasia Ltd v Sayseng [2005] NSWCA 214; (2005) 13 ANZ Ins Cas 90-123 Kay Investment Holdings Pty Ltd v North East Developments Pty Ltd (in liq) [2011] NSWSC 1121; (2011) 85 ACSR 610 LSI Australia Pty Ltd v LSI Holdings Ltd [2007] NSWSC 1406; (2007) 25 ACLC 1602 Panel Tech Industries (Aust) Pty Ltd v Australian Skyreach Equipment Pty Ltd (No 2) [2003] NSWSC 896 PrimeSpace Property Investment Ltd v Vienne Pty Ltd [2015] FCA 326 Re Glenevan Pty Ltd [2015] NSWSC 201 Re International Materials & Technologies Pty Ltd (2013) 282 FLR 362; [2013] NSWSC 782 Re Leasing Holdings Pty Ltd (formerly Charlie Lovett Pty Ltd) [2015] NSWSC 771 Re Morris Catering (Aust) Pty Ltd (1993) 11 ACSR 601 Slap Corporation Pty Ltd v Civil, Infrastructure & Logistics Pty Ltd (2017) 50 VR 542; [2017] VSC 168 Spencer Constructions Pty Ltd v G & M Aldridge Pty Ltd (1997) 76 FCR 452 Sustainable Organics (Wooshaway Pty Ltd) v Ranger Loaders Pty Ltd [2011] QSC 45 TAL Life Ltd v Shuetrim (2016) 91 NSWLR 439; [2016] NSWCA 68 Topfelt Pty Ltd v State Bank of New South Wales Ltd (1993) 120 ALR 155 Category: Principal judgment Parties: AMP Life Limited (Plaintiff) Harold Albert Morrow (Defendant) Representation: Counsel: Mr D Krochmalik (Plaintiff)