In the matter of Nanevski Developments Pty Limited (No 2) [2019] NSWSC 1217

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Nanevski Developments Pty Limited (No 2) [2019] NSWSC 1217 Hearing dates: 16 July 2019 Decision date: 16 September 2019 Jurisdiction: Equity - Corporations List Before: Rees J Decision: Statutory demand set aside: see [24] Catchwords: CORPORATIONS — Winding up — Statutory demand — Application to set aside — "Some other reason" —Affidavit in support pre-dates demand — Wildtown Holdings Pty Ltd v Rural Traders Co Ltd (2002) 172 FLR 35; [2002] WASCA 196 and subsequent cases applied — Whether residual discretion — Demand set aside.

COSTS — Where "some other reason" raised a week before hearing — No order for costs of the proceedings. Legislation Cited: Corporations Act 2001 (Cth), ss 9, 459E, 459J Corporations Regulations 2001 (Cth), reg. 1.0.03, Sch. 1, Sch. 2 Supreme Court (Corporations) Rules 1999 (NSW), r 5.2 Cases Cited: Ambassador at Redcliffe Pty Ltd v Barreau Peninsula Property Pty Ltd [2007] 2 Qd R 199; [2006] QSC 247 Ambir Pty Ltd v Perfect Touch Painting Services Pty Ltd [2003] NTSC 21 Chadmar Enterprises Pty Ltd v IGA Distribution Pty Ltd (2005) 190 FLR 466; [2005] ACTSC 39 Dolvelle Pty Ltd v Australian Macfarms Pty Ltd (1998) 43 NSWLR 717; (1998) 28 ACSR 175 Dornay Nominees Pty Ltd v Blackbutt Nominees Pty Ltd (2001) 36 ACSR 749; [2001] VSC 20 In the matter of Complete Investing Services Pty Limited (in liq) [2018] NSWSC 1003 In the matter of Gemaveld Pty Limited [2012] NSWSC 582 In the matter of Nanevski Developments Pty Limited [2019] NSWSC 1204 In the matter of Unity Resources Group Australia Pty Ltd [2015] NSWSC 1174 Kisimul Holdings Pty Ltd v Clear Position Pty Ltd [2014] NSWCA 262 McDermott Projects Pty Ltd v Chadwell Pty Ltd [2002] 2 Qd R 363; [2001] QSC 322 Meehan v Glazier Holdings Pty Ltd (2005) 53 ACSR 229; [2005] NSWCA 24 R2M Pty Limited v Gourlay [2011] FCA 168 Ri-Co Holdings (Australia) Pty Ltd v Allied Sandblasters Pty Ltd [2010] 1 Qd R 293; [2009] QSC 122 Rinfort Pty Ltd v Arianna Holdings Pty Ltd (2016) 111 ACSR 607; [2016] NSWSC 251 Spencer Constructions Pty Ltd v G&M Aldridge Pty Ltd (1997) 76 FCR 452; (1997) 24 ACSR 353 Stellar Projects (Vic) Pty Ltd v Cambridge Plumbing Pty Ltd (2017) 324 FLR 279 [2017] VSC 532 Wildtown Holdings Pty Ltd v Rural Traders Co Ltd (2002) 172 FLR 35; [2002] WASCA 196 Wollongong Coal Limited v Gujarat NRE India Pty Limited (2015) 104 ACSR 425; [2015] FCA 221 Texts Cited: Assaf, Statutory Demands and Winding Up in Insolvency (2nd ed., LexisNexis Butterworths, 2012) Category: Principal judgment Parties: Nanevski Developments Pty Limited (Plaintiff) Mega-Top Cargo Pty Limited (Defendant) Representation: Counsel: Mr P McDonald (Plaintiff) Mr G Stapleton (Defendant)