In the matter of Precise Training Pty Limited [2018] NSWSC 1383

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Precise Training Pty Limited [2018] NSWSC 1383 Hearing dates: 22 August 2018 Decision date: 07 September 2018 Jurisdiction: Equity - Corporations List Before: Black J Decision: The application to set aside a creditor's statutory demand brought by the Plaintiff is dismissed with costs. Catchwords: CORPORATIONS – winding up – application to set aside creditor's statutory demand under Corporations Act 2001 (Cth) ss 459H and 459J – whether sufficiently arguable case for estoppel against a fiscal authority may give rise to a genuine dispute – where statements made were not promissory or representational in character or sufficiently clear and unambiguous to support an estoppel – whether a genuine dispute has been established – where no element of unconscionability, abuse of process or inconsistency with the statutory scheme in the issue of the statutory demand – whether some other reason for statutory demand to be set aside. Legislation Cited: - Companies Act 1961 (NSW) s 222 - Corporations Act 2001 (Cth) ss 456G, 459H, 459J - Evidence Act 1995 (NSW) s 136 - Stamp Duties Act 1920 (NSW) s 37 - Payroll Tax Act 2007 (NSW) - Taxation Administration Act 1996 (NSW) ss 97, 103A, 119 Cases Cited: - Arcade Badge Embroidery Co Pty Ltd v Deputy Commissioner of Taxation (2005) 157 ACTR 22 - Arora Markets Pty Ltd v Workers Compensation Nominal Insurer [2015] NSWSC 107 - Austurban Construction Pty Ltd v Zaikos Group Pty Ltd [2016] WASC 129 - BBLT Pty Ltd v Chief Commissioner of the Office of State Revenue (NSW) (2003) 54 ATR 323 - Bellinz v Federal Commissioner of Taxation (1998) 84 FCR 154 - Britten-Norman Pty Ltd v Analysis & Technology Australia Pty Ltd [2013] NSWCA 344; (2013) 85 NSWLR 601 - CF Douglas Aerospace Pty Ltd v Industri Engineering Albury Pty Ltd [2015] NSWSC 167 - Clarke & Walker Pty Ltd v Thew (1967) 116 CLR 465 - Commonwealth v Verwayen [1990] HCA 39; (1990) 170 CLR 394 - Deputy Commissioner of Taxation v Broadbeach Properties Pty Ltd (2008) 237 CLR 473 - Deputy Commission of Taxation v Roget (No 2) [2014] WADC 25 - Deputy Commissioner of Taxation v Winters (1997) 37 ATR 209 - Easy Stay Mining Accommodation Pty Ltd v Grounded Construction Group Pty Ltd [2018] FCA 519 - Federal Commissioner of Taxation v Australia & New Zealand Savings Bank Ltd (1994) 181 CLR 466 - Meehan v Glazier Holdings Pty Ltd [2005] NSWCA 24; (2005) 53 ACSR 229 - MNWA Pty Ltd v Deputy Commissioner of Taxation [2016] FCAFC 154; (2016) 117 ACSR 446; (2016) 250 FCR 381 - Mossimo Systems International Pty Ltd v Deputy Commissioner of Taxation [2010] NSWSC 1409 - Portrait Express (Sales) Pty Ltd v Kodak (Aust) Pty Ltd [1996] NSWSC 199; (1996) 20 ACSR 746 - Remuneration Planning Corporation Pty Ltd v Commissioner of Taxation (2001) 46 ATR 400 - Re AMP Life Ltd [2018] NSWSC 855 - Re Bayconnection Property Developments Pty Ltd [2011] NSWSC 1048 - Re Bevic Holdings Pty Ltd [2015] NSWSC 732 - Re Gemaveld Pty Ltd [2012] NSWSC 582 - Re Modern Wholesale Jewellery Pty Ltd [2017] NSWSC 236 - Re Ostec Pty Ltd [2012] NSWSC 1234 - Re Wollongong Coal Ltd [2015] NSWSC 1680; (2015) 110 ACSR 134 - Saferack Pty Ltd v Marketing Heads Australia Pty Ltd (2007) 214 FLR 393 - Silovi Pty Ltd v Barbaro (1988) 13 NSWLR 466 - Smith v Bone, In the Matter of ACN 002 864 002 Pty Ltd (in liq) [2015] FCA 876; (2015) 104 ACSR 528 - Spencer Constructions Pty Ltd v G & M Alridge Pty Ltd (1997) 76 FCR 452 - St George Bank - A Division of Westpac Banking Corp v Active Property Investment Pty Ltd [2010] NSWSC 736; (2010) 77 NSWLR 148 - Summer Hill Business Estate Pty Ltd v Equititrust Ltd [2010] NSWSC 776 - Timberland Property Holdings Pty Ltd v Schindler Lifts Australia Pty Ltd [2011] NSWSC 466 - TR Administration Pty Ltd v Frank Marchetti & Sons Pty Ltd (2008) 66 ACSR 67 - Waltons Stores (Interstate) Ltd v Maher [1988] HCA 7; (1988) 164 CLR 387 Category: Principal judgment Parties: Precise Training Pty Limited (Plaintiff) Chief Commissioner of State Revenue (Defendant) Representation: Counsel: G O'Mahoney/K. Josifoski (Plaintiff) D Krochmalik (Defendant)