ABL Nominees Pty Limited (ACN 106 756 521), ABL Custodian Service Pty Ltd (ACN 097899720) and Bendigo and Adelaide Bank Ltd (ACN 068 049 178) v Vijayalatshimi Govindasamy [2019] NSWDC 5

District Court New South Wales

Medium Neutral Citation: ABL Nominees Pty Limited (ACN 106 756 521), ABL Custodian Service Pty Ltd (ACN 097899720) and Bendigo and Adelaide Bank Ltd (ACN 068 049 178) v Vijayalatshimi Govindasamy [2019] NSWDC 5 Hearing dates: 26 and 27 March 2018, 23 and 30 April 2018 (directions only) and 14 June 2018. Written submission by both parties dated 22 June 2018 and in reply on 6 July 2018 Date of orders: 24 January 2019 Decision date: 24 January 2019 Jurisdiction: Civil Before: Hatzistergos DCJ Decision: 1. Verdict for the Defendant 2. Subject to any application within fourteen days to relist the matter for any further or other order as to costs the Plaintiffs are to pay the Defendants costs Catchwords: CONTRACTS – Construction and Interpretation - Proper construction of term for finance – whether power of attorney clause allowed for a change of lender – whether loan had been validly assigned Legislation Cited: Conveyancing Act 1919 (NSW) s 12 Civil Procedure Act 2005 (NSW) s100 District Court Act 1973 (NSW) s 44 Justice Legislation Amendment Act (No 3) 2018 (NSW) Schedule [1.16] Limitation Act 1969 (NSW) s 14(1)(a) Stamp Duties Act 2008 (WA) Uniform Civil Procedure Rules (NSW) r 14.4 Cases Cited: Alma Hill Constructions Pty Ltd v Onal (2007) 16 VR 190 Bendigo and Adelaide Bank v Howard [2018] NSWSC 383 Chapman v Colson [2015] NSWSC 120 Coshott v Lenin [2007] NSWCA 153 Dare v Pulham (1982) 189 CLR 658 Electricity Generation Corporation v Woodside Energy Ltd (2014) 251 CLR 640 Fitzgerald v Masters (1956) 95 CLR 420 International Leasing Corporation (Victoria) v Aiken (1967) 2 NSWLR 426 Jones v Canavan (1972) 2 NSWLR 236 Nestle Limited v McDougall [1998] NSWCA 158 Toll (FGCT) Pty Ltd v Alphapharm Pty Ltd (2004) 219 CLR 165 Union Bank Australia Ltd v Rudder (1911) 13 CLR 152 Van Lynn Developments v Pelias Constructions Ltd (1969) 1 QB 607 Westscott Resources v St George Bank Ltd [1998] WASC 332 Texts Cited: G Dal Pont, Powers of Attorney (Lexis Nexis, 2011) Seddon and Bigwood, Cheshire & Fifoot Law of Contract (11th Ed, Lexis Nexis Butterworths, 2017) Category: Principal judgment Parties: ABL Nominees Pty Limited (ACN 106 756 521) (Plaintiff) ABL Custodian Service Pty Ltd (ACN 097899720) (Plaintiff) Bendigo and Adelaide Bank Ltd (ACN 068 049 178) (Plaintiff)