Drama Unit Pty Ltd v Fearndale Holdings Pty Ltd (Administrator Appointed) [2020] NSWCA 1

Court of Appeal Supreme Court New South Wales Medium Neutral Citation: Drama Unit Pty Ltd v Fearndale Holdings Pty Ltd (Administrator Appointed) [2020] NSWCA 1 Hearing dates: 12 December 2019 Decision date: 30 January 2020 Before: Macfarlan JA at [1] Gleeson JA at [2] Payne JA at [52] Decision: (1) Summons seeking leave to appeal is dismissed.

(2) The applicant to pay the respondent's costs in this Court. Catchwords: CIVIL PROCEDURE – Court of Appeal – application for leave to appeal – whether valid application under s 459G of Corporations Act 2001 (Cth) – whether affidavit supported the application on ground of an offsetting demand – challenge to primary judge's factual finding that affidavit did not answer that description – no injustice demonstrated

CORPORATIONS – winding up – whether valid application under s 459G of Corporations Act 2001 (Cth) – where period for compliance with statutory demand has expired – where no extension of period for compliance sought or obtained – no utility in attempting to have statutory demand set aside Legislation Cited: Competition and Consumer Act 2010 (Cth), Sch 2 – Australian Consumer Law, s 18 Corporations Act 2001 (Cth), ss 459C, 459F, 459G, 459H, 459J, 459P Supreme Court Act 1970 (NSW), s 101(2)(p) Cases Cited: Aussie Vic Plant Hire Pty Ltd v Esanda Finance Corp Ltd (2008) 65 ACSR 249; [2008] HCA 9 Buckland Products Pty Ltd v Deputy Commissioner of Taxation [2003] VSCA 85 Drama Unit Pty Ltd v Fearndale Holdings Pty Ltd (Administrator Appointed) [2019] NSWCA 312 Financial Solutions Australasia Pty Ltd v Predella Pty Ltd (2002) 26 WAR 306; [2002] WASCA 51 Grandview Ausbuilder Pty Ltd v Budget Demolitions Pty Ltd [2019] NSWCA 60 Graywinter Properties Pty Ltd v Gas & Fuel Corporations Superannuation Fund (1996) 70 FCR 452 In the matter of Drama Unit Pty Ltd [2019] NSWSC 1169 In the matter of Fearndale Holdings Pty Ltd [2019] NSWSC 645; (2019) 19 BPR 39,393 Hansmar Investments Pty Ltd v Perpetual Trustee Co Ltd [2007] NSWSC 103; (2007) 61 ACSR 321 Infratel Networks Pty Ltd v Gundry's Telco and Rigging Pty Ltd [2012] NSWCA 365; (2012) 92 ACSR 27 Ketrim Pty Ltd v Jaeger Corporation Pty Ltd [2002] NSWSC 871; (2003) 21 ACLC 8 Leveraged Capital Pty Ltd v Modena Imports Pty Ltd [2009] NSWSC 509 Meehan v Glazier Holdings Pty Ltd [2005] NSWCA 24; (2005) 53 ACSR 229 Modena Imports Pty Ltd v Leveraged Capital Pty Ltd (in liq) [2009] NSWSC 20 Pacific Islands Express Pty Ltd v Empire Building Development Pty Ltd [2008] NSWSC 576 Saferack Pty Ltd v Marketing Heads Australia Pty Ltd [2007] NSWSC 1143; (2007) 214 FLR 393 Secretary, Department of Family and Community Services v Smith (2017) 95 NSWLR 597; [2017] NSWCA 206 Tony Long & Co Pty Ltd v Jadeja [2011] VSC 582 TQM Design & Construct Pty Ltd v KCL Developments Pty Ltd & Golden Plantation Pty Ltd [2011] NSWCA 7 Category: Principal judgment Parties: Drama Unit Pty Ltd (Appellant) Fearndale Holdings Pty Ltd (Administrator Appointed) (Respondent) Representation: Counsel: Mr M W Sneddon (Applicant) Mr S Golledge SC (Respondent)