In the matter of Ming Tian Real Property Pty Ltd [2020] NSWSC 212

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Ming Tian Real Property Pty Ltd [2020] NSWSC 212 Hearing dates: 26 February 2020 Date of orders: 12 March 2020 Decision date: 12 March 2020 Jurisdiction: Equity - Corporations List Before: Gleeson J Decision: (1) Set aside the statutory demand dated 16 July 2019 served by the defendant on the plaintiff.

(2) Defendant to pay the plaintiff's costs.

(3) The exhibits may be returned. Catchwords: CORPORATIONS – winding up – statutory demand – application to set aside – where debt claimed in demand is a purported judgment debt – whether absence of s 459E(3) verifying affidavit constitutes 'some other reason' to set demand aside – Corporations Act 2001 (Cth) s 459J(1)(b) – where defendant and plaintiff parties to separate litigation – whether plaintiff has offsetting claim – Corporations Act s 459H(1)(b) – demand set aside Legislation Cited: Building and Construction Industry Security of Payment Act 1999 (NSW), ss 22, 24, 25 Civil Procedure Act 2005 (NSW), s 98, 101 Civil Procedure Regulation 2005 (NSW), s 13 Corporations Act 2001 (Cth), ss 459E(3), 459G, 459H(1)(b), 459J(1)(b), 459M Federal Court Rules 1979 (Cth), Order 71, r 36B Cases Cited: Australian Securities Commission v Marlborough Gold Mines Ltd (1993) 177 CLR 485: [1993] HCA 15 Birdon Pty Ltd v Houben Marine Pty Ltd [2011] FCAFC 126 Creata (Aust) Pty Ltd v Faull [2017] NSWCA 300 Elm Financial Services Pty Ltd v MacDougal [2004] NSWSC 560 Financial Solutions Australasia Pty Ltd v Predella Pty Ltd (2002) 26 WAR 306; [2002] WASCA 51 Fitness First Pty Ltd v Dubow [2011] NSWSC 531; (2010) 84 ACSR 296 Grandview Ausbuilder Pty Ltd v Budget Demolitions Pty Ltd [2019] NSWCA 60 Get'm Pty Ltd v Triulcio [2004] NSWSC 291 Graywinter Properties Pty Ltd v Gas & Fuel Corporation Superannuation Fund (1996) 70 FCR 452 Hansmar Investments Pty Ltd v Perpetual Trustee Co Ltd [2007] NSWSC 103; (2007) 61 ACSR 321 Hoare Bros Pty Ltd v Deputy Commissioner of Taxation (1996) 62 FCR 302 Infact Consulting Pty Ltd v Kyle House Pty Ltd [2007] NSWSC 56 Infratel Networks Pty Ltd v Gundry's Telco & Rigging Pty Ltd [2012] NSWCA 365; (2012) 92 ACSR 27 Kisimul Holdings Pty Ltd v Clear Position Pty Ltd [2014] NSWCA 262 N A Investment Holdings Pty Ltd v Perpetual Nominees Limited [2010] NSWCA 210 Natcraft Pty Ltd v WIN Television Pty Ltd [2003] 1 Qd R 196 Optus v Leighton & Ors [2002] NSWSC 327 Quarter Enterprises Pty Ltd v Allardyce Lumbar Co Ltd [2011] NSWSC 1031 Re Cooperbrown Pty Ltd [2019] NSWSC 1341 Re Douglas Aerospace Pty Ltd [2015] NSWSC 167 Re Powerpark Systems Pty Ltd [2018] NSWSC 793 Re SBC Construction Pty Ltd [2019] NSWSC 310 Royal Premier Pty Ltd v Taleski [2001] WASCA 48 Saferack Pty Ltd v Marketing Heads Australia Pty Ltd [2007] NSWSC 1143; (2007) 214 FLR 393 SX Projects Pty Ltd (in liq) v Battaglia [2018] NSWSC 1830 Verimark Pty Ltd v Passiontree Velvet Pty Ltd [2019] NSWSC 455 Victor Tunevitsch Pty Ltd v Farrow Mortgage Services Pty Ltd (in liq) (1994) 117 FLR 330 Category: Principal judgment Parties: Ming Tian Real Property Pty Ltd (Plaintiff) SGS Platinum Pty Ltd (Defendant) Representation: Counsel: D F Elliott (Plaintiff) S McIntosh (Defendant)