In the matter of Tresdar Pty Ltd [2019] NSWSC 179

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Tresdar Pty Ltd [2019] NSWSC 179 Hearing dates: 4–6 & 8 February 2019 Date of orders: 01 March 2019 Decision date: 01 March 2019 Jurisdiction: Equity - Corporations List Before: Rees J Decision: Judgment for the Plaintiff. Orders at [159]. Catchwords: EQUITY — Trusts and trustees — Express trusts — Intention to create — Original beneficiary deceased — Claim by successor in title — No evidence of words spoken — Admissibility of conduct subsequent to declaration of trust — Conduct of parties consistent only with existence of trust.

EVIDENCE — Hearsay — Exceptions — First-hand hearsay exceptions — Civil proceedings where maker unavailable — Document containing a representation that another representation made to its author — Document admitted as evidence that representation made — s 63(2) of the Evidence Act 1995 (NSW) applied.

EVIDENCE — Standard of proof — Civil cases — Allegation of fraud — Whether fraud necessary to prove — s 140 of the Evidence Act 1995 (NSW) applied.

CORPORATIONS — Shares — Share certificate — Prima facie evidence of title — Books of company — Prima facie evidence — Where presumptions displaced. Legislation Cited: Evidence Act 1995 (NSW), ss 55(1), 62(1), 63, 136, 140 Corporations Legislation Amendment Act 2003 (Cth), Schedule 1 First Corporate Law Simplification Act 1995 (Cth), Schedule 3 Company Law Review Act 1998 (Cth), s 114 Companies Act 1981 (Cth), ss 255A, 256 Corporations Act 2001 (Cth), ss 169(5A), 176, 1070C(2), 1072H, 1305, 1311(1) Companies (New South Wales) Code 1981 (NSW), s 33(1) Civil Procedure Act 2005 (NSW), s 94 Cases Cited: Australian Securities and Investments Commission v Rich [2009] NSWSC 1229 Bahr v Nicolay (No 2) (1988) 164 CLR 604 Briginshaw v Briginshaw (1938) 60 CLR 336 Buffrey v Buffrey [2006] NSWSC 1349 Byrnes v Kendle (2011) 243 CLR 253 Calverley v Green (1984) 155 CLR 242 Charles Marshall Pty Ltd v Grimsley (1956) 95 CLR 353 Gooley v Motasea Pty Ltd [2015] NSWCA 31 Hyhonie Holdings Pty Ltd v Leroy [2004] NSWCA 72 In the matter of Civil & Civic Infrastructure Pty Ltd [2015] NSWSC 770 In the matter of DJG Equities Pty Ltd [2014] NSWSC 36 In the matter of NL Mercantile Group Pty Ltd [2018] NSWSC 1337 In the matter of Pulse Interactive Pty Limited (in liquidation) [2019] NSWSC 22 In the matter of Shot One Pty Ltd (in liquidation) [2017] VSC 741 at [243]-[244] Korda v Australian Executor Trustees (SA) Limited (2015) 255 CLR 62 Legal Services Board v Gillespie-Jones (2013) 249 CLR 493 Livingspring Pty Ltd v Kliger Partners (2008) 20 VR 377 Maddocks v DJE Constructions Pty Ltd (1982) 148 CLR 104 McEvoy v McEvoy [2012] NSWSC 1494 Neat Holdings Pty Limited v Karajan Holdings Pty Limited (1992) 110 ALR 449; [1992] HCA 66 Owens v Lofthouse [2007] FCA 1968 Reitano v Reitano [2012] NSWSC 1127 Sio v The Queen (2016) 259 CLR 47; [2016] HCA 32 Stillisano v Adami [2010] SASC 351 Strang v Strang [2009] NSWSC 760 Tim Barr Pty Ltd v Narui Gold Coast Pty Ltd (2009) 258 ALR 598; [2009] NSWSC 769 Trident General Insurance Co Ltd v McNeice Bros Pty Ltd (1988) 165 CLR 107 Trustees of the Property of Cummins v Cummins (2006) 227 CLR 278 Whitton v Regis Towers Real Estate Pty Ltd (2007) 161 FCR 20; [2007] FCAFC 125 Texts Cited: Jacobs' Law of Trusts in Australia (Heydon and Leeming, LexisNexis Butterworths, 8th ed, 2016) Category: Principal judgment Parties: Brendan Leonard Samuels in his own right and in his capacity as trustee of the deceased estate of Fleur Samuels (Plaintiff)