Federico's Restaurant Pty Ltd v Warwick Entertainment Centre Pty Ltd [1995] FCA 985
For the purpose of establishing whether the applicant has an off-setting claim, the admitted amount of the debt must for the purpose of the Law be taken to be the sum of $97,380.54, not any greater sum.
Source-derived case information.
- Parties
- Applicant: FEDERICO'S RESTAURANT PTY LIMITED; Respondent: WARWICK ENTERTAINMENT CENTRE PTY LIMITED
- Jurisdiction
- Australia
- Judgment Date
- 07 December 1995
- Procedural Posture
- Application to Set Aside Statutory Demand / Reason for Judgment
- Outcome
- Reasoning provided for consideration of statutory demand and off-setting claim
- Legal Topics
- Statutory Demand, Off Setting Claim
Source-derived case record
Summary, issues, holding and outcome
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Parties
FEDERICO'S RESTAURANT PTY LIMITED
Applicant
WARWICK ENTERTAINMENT CENTRE PTY LIMITED
Respondent
Procedural Posture
Application to Set Aside Statutory Demand / Reason for Judgment
Legal Issues
- 1 Whether s 459H of the Corporations Law requires the debt to be taken as the amount stated in the statutory demand when considering an off-setting claim
Ratio Decidendi
For the purpose of establishing whether the applicant has an off-setting claim, the admitted amount of the debt must for the purpose of the Law be taken to be the sum of $97,380.54, not any greater sum.
Court Disposition
Reasoning provided for consideration of statutory demand and off-setting claim
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