In the matter of Wise & Young Pty Ltd; In the matter of Wyse Partners Pty Ltd; In the matter of Wolgan Consulting Pty Ltd; In the matter of Defined Property Group Pty Ltd (No 2) [2019] NSWSC 1093

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Wise & Young Pty Ltd; In the matter of Wyse Partners Pty Ltd; In the matter of Wolgan Consulting Pty Ltd; In the matter of Defined Property Group Pty Ltd (No 2) [2019] NSWSC 1093 Hearing dates: 30 July; 15 August 2019 Date of orders: 15 August 2019 Decision date: 15 August 2019 Jurisdiction: Equity - Corporations List Before: Rees J Decision: Matter adjourned at request of parties: see [55]–[56]. Catchwords: CORPORATIONS — Winding up — Statutory demands — Service by post — Change of registered office not notified to ASIC — Registered office also defendant's solicitor — Service also by email —Statutory presumptions not displaced — Service validly effected.

CORPORATIONS — Winding up — Presumption of insolvency — Failure to comply with statutory demand — No s 459G application brought — Whether leave should be granted under s 459S — No evidence as to solvency — Statutory test in s 459S(2) not satisfied — Insufficient evidence of genuine dispute in any case — No evidence of solvency — Appropriate that companies be wound up. Legislation Cited: Acts Interpretation Act 1901 (Cth), s 29 Corporations Act 2001 (Cth), ss 5C, 95A, 109X, 459A, 459C, 459G, 459S. Evidence Act 1995 (Cth), s 160 Evidence Act 1995 (NSW), s 160 Cases Cited: Autumn Solar Installations Pty Ltd v Solar Magic Australia Pty Ltd [2010] NSWSC 463 Britten-Norman Pty Ltd v Analysis & Technology Australia Pty Ltd (2013) 85 NSWLR 601; [2013] NSWCA 344 Chief Commissioner of Stamp Duties v Paliflex Pty Ltd (1999) 149 FLR 179; [1999] NSWSC 15 Commonwealth Bank of Australia v Begonia Pty Ltd (1993) 11 ACLC 1,075 Dwyer v Canon Australia Pty Ltd (2007) 247 LSJS 438; [2007] SASC 100 Ewen Stewart & Associates Pty Ltd v Blue Mountains Expile Pty Limited v Jabb's Excavations Pty Ltd (2003) 45 ACSR 711; [2003] NSWCA 163 Eyota Pty Ltd v Hanave Pty Ltd (1994) 12 ACSR 785 Virtual Air Helitours Pty Ltd (No 2) [2011] NSWSC 113 Hadley v BetHQ Pty Limited [2016] FCA 1263 In the matter of Vangory Holdings Pty Limited [2015] NSWSC 546 In the matter of Wise & Young Pty Ltd; In the matter of Wyse Partners Pty Ltd; In the matter of Wolgan Consulting Pty Ltd; In the matter of Defined Property Group Pty Ltd [2019] NSWSC 1092 LSI Australia Pty Ltd v LSI Holdings Ltd (2007) 25 ACLC 1,602; [2007] NSWSC 1406 Nick Scali Limited v JSK Logistics Pty Limited [2008] NSWSC 597 Re Morris Catering (Australia) Pty Ltd (1993) 11 ACSR 601 Rubino v Pineview Property Holdings Pty Ltd [2016] NSWSC 904 TR Administration Pty Ltd v Frank Marchetti & Sons Pty Ltd (2008) 66 ACSR 67; [2008] VSCA 70 Category: Principal judgment Parties: In each proceeding: Commissioner of Fines Administration (Plaintiff)