In the matter of A Twins Spare Parts Pty Ltd [2019] NSWSC 1347

Supreme Court New South Wales

Medium Neutral Citation: In the matter of A Twins Spare Parts Pty Ltd [2019] NSWSC 1347 Hearing dates: 3 October 2019 Date of orders: 04 October 2019 Decision date: 04 October 2019 Jurisdiction: Equity - Corporations List Before: Rees J Decision: Interlocutory injunction granted: see [33] Catchwords: CIVIL PROCEDURE — Interlocutory injunctions — Where suit for oppression — Mandatory interlocutory injunction sought to continue weekly loan payments from company in dispute — Appropriate standard for mandatory interlocutory injunction — Prima facie case conceded by respondent — Company appears to have sufficient resources — Payments secured by shares in property-holding company soon to be liquidated — Balance of convenience favours applicant — Injunction granted. Legislation Cited: Corporations Act 2001 (Cth), s 233 Income Tax Assessment Act 1936 (Cth), Div 7A Superannuation Industry (Supervision) Act 1993 (Cth) Cases Cited: Australian Broadcasting Corporation v O'Neill (2006) 227 CLR 57; [2006] HCA 46 Beecham Group Ltd v Bristol Laboratories Pty Ltd (1968) 118 CLR 618; [1968] HCA 1 Bingham v 7-Eleven Stores Pty Ltd [2003] QCA 402 Businessworld Computers Pty Ltd v Australian Telecommunications Commission (1988) 82 ALR 499 Films Rover International Ltd v Cannon Film Sales Ltd [1987] 1 WLR 670 Mineralogy Pty Ltd v Sino Iron Pty Ltd [2016] WASCA 105 National Commercial Bank Jamaica Ltd v Olint Corporation Ltd [2009] UKPC 16 Racecourse Totalizators Pty Ltd v Totalisator Administration Board of Queensland (1995) 58 FCR 119 at 123; [1995] FCA 1405 Shepherd Homes Ltd v Sandham [1971] Ch 340 Tymbook Pty Ltd v State of Victoria (2006) 15 VR 65; [2006] VSCA 89 Warner-Lambert Co LCC v Apotex Pty Ltd (2014) 311 ALR 632; [2014] FCAFC 59 Texts Cited: Heydon, Heydon on Contract: The General Part (Lawbook Co, 2019) Heydon, Leeming & Turner, Meagher, Gummow & Lehane's Equity: Doctrines and Remedies (5th ed., LexisNexis, 2014) Category: Procedural and other rulings Parties: Oreste Bercich (Plaintiff)