In the matter of Invigor Group Limited (No 2) [2019] NSWSC 1192

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Invigor Group Limited (No 2) [2019] NSWSC 1192 Hearing dates: 14 August 2019 Date of orders: 14 August 2019 Decision date: 14 August 2019 Jurisdiction: Equity - Corporations List Before: Rees J Decision: Extension of time for compliance with demand granted under s 459F(2)(a)(i) of the Corporations Act 2001 (Cth): see [20] Catchwords: CORPORATIONS — Where application to set aside statutory demand dismissed — Plaintiff applies for extension of time for compliance with demand pending filing of appeal — Respective prejudice to parties — Not appropriate to require payment into Court — Undertaking to prosecute appeal expeditiously — Two-day extension granted to permit filing of appeal. Legislation Cited: Corporations Act 2001 (Cth), ss 459F, 459G Cases Cited: Australian Beverage Distributors Pty Ltd v Cranswick Premium Wines Pty Ltd (2004) 50 ACSR 544; [2004] NSWSC 877 Grandview Ausbuilder Pty Ltd v Budget Demolitions Pty Ltd (No 2) [2018] NSWCA 341 In the matter of Britten-Norman Pty Limited [2013] NSWSC 424 In the matter of Invigor Group Limited [2019] NSWSC 995 JEM Developments Pty Ltd v Hansen Yuncken Pty Ltd (2006) 60 ACSR 393; [2006] NSWSC 1378 NA Investment Holdings Pty Ltd v Perpetual Nominees Ltd [2010] NSWSC 373 Category: Consequential orders (other than Costs) Parties: Invigor Group Limited (Plaintiff) Raus Capital Fund Limited (Defendant) Representation: Counsel: Mr GD McDonald (Plaintiff) Mr P Afshar (Defendant)