In the matter of Bonheur Holdings Pty Limited [2019] NSWSC 1434

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Bonheur Holdings Pty Limited [2019] NSWSC 1434 Hearing dates: 4 October 2019 Decision date: 22 October 2019 Jurisdiction: Equity - Corporations List Before: Black J Decision: The Originating Process be dismissed with costs. Catchwords: CORPORATIONS – application to set aside creditor's statutory demand – where contract for sale of property entered into – where deed of rescission later entered into – where defendant claims deed not validly executed by company – where a signature on deed not witnessed – where second director did not sign deed – where plaintiff paid amounts to company pursuant to deed – where company accepted and retained payment – whether there is a genuine dispute.

CORPORATIONS – application to set aside creditor's statutory demand – identification of proper debtor – whether there is a defect giving rise to substantial injustice. Legislation Cited: - Conveyancing Act 1919 (NSW) s 38 - Corporations Act 2001 (Cth) Pt 5.4; ss 9, 127, 127(1), 127(4), 128(1), 129(5), 459G, 459G(3), 459H, 459H(1)(a), 459J, 459J(1)(a), 459J(1)(b) - Duties Act 1997 (NSW) s 50(1) - Evidence Act 1995 (NSW) s 136 Cases Cited: - Arcade Badge Embroidery Co Pty Ltd v Deputy Commissioner of Taxation (2005) 157 ACTR 22 - Black & Decker Inc v GMCA Pty Ltd (No 2) [2008] FCA 504 - Britten-Norman Pty Ltd v Analysis & Technology Australia Pty Ltd [2013] NSWCA 344; (2013) 85 NSWLR 601 - Colin R Price & Associates Pty Ltd v Four Oaks Pty Ltd (2017) 120 ACSR 451 - Creata (Aust) Pty Ltd v Faull [2017] NSWCA 300; (2017) 125 ACSR 212 - Financial Solutions Australasia Pty Ltd v Predella Pty Ltd [2002] WASCA 51; (2002) 26 WAR 306 - Gorji Property Investment Pty Ltd [2018] NSWSC 1671 - Grandview Ausbuilder Pty Ltd v Budget Demolitions Pty Ltd [2019] NSWCA 60 - Graywinter Properties Pty Ltd v Gas and Fuel Corp Superannuation Fund [1996] FCA 822; (1996) 70 FCR 452 - Hopetoun Kembla Investments Pty Ltd v JPR Legal Pty Ltd [2011] NSWSC 1343; (2011) 87 ACSR 1 - Infratel Networks Pty Ltd v Gundry's Telco & Rigging Pty Ltd [2012] NSWCA 365; (2012) 92 ACSR 27 - Junker v Hepburn [2010] NSWSC 88 - Lloyd v Grace, Smith & Co [1912] AC 716 - Malec Holdings Pty Ltd v Scotts Agencies Pty Ltd (in liq) [2015] VSCA 330 - McDonald v Tinbilly Travellers Pty Ltd [2008] QCA 17 - Meehan v Glazier Holdings Pty Ltd [2005] NSWCA 24; (2005) 53 ACSR 229 - Northside Developments Pty Ltd v Registrar-General [1990] HCA 32; (1990) 170 CLR 146 - Panel Tech Industries (Australia) Pty Ltd v Australian Skyreach Equipment Pty Ltd (No 2) [2003] NSWSC 896 - Portrait Express (Sales) Pty Ltd v Kodak (Australasia) Pty Ltd [1996] NSWSC 199; (1996) 20 ACSR 746 - Re Australian Tailings Group Pty Limited [2019] NSWSC 1218 - Re Matlic Pty Ltd (in liq) [2014] NSWSC 1342 - Re Modern Wholesale Jewellery Pty Ltd [2017] NSWSC 236 - Saferack Pty Ltd v Marketing Heads Australia Pty Ltd (2007) 214 FLR 393 - Spencer Constructions Pty Ltd v G & M Aldridge Pty Ltd [1997] FCA 681; (1997) 76 FCR 452 - Timberland Property Holdings Pty Ltd v Schindler Lifts Australia Pty Ltd [2011] NSWSC 466 - TR Administration Pty Ltd v Frank Marchetti & Sons Pty Ltd [2008] VSCA 70; (2008) 66 ACSR 67 Category: Principal judgment Parties: Bonheur Holdings Pty Limited (Plaintiff) Yihua Shou (Defendant) Representation: Counsel: L Gor (Plaintiff) D P O'Connor (Defendant)