Five G Pty Ltd v Pinacle Funding Group Pty Ltd [2008] NSWSC 228
Where a plaintiff in s 459G proceedings withdraws its application due to inability to prove compliance with the 21-day service rule, the normal costs rule applies and the plaintiff must pay the defendant’s costs.
- Jurisdiction
- Australia
- Judgment Date
- 17 March 2008
- Procedural Posture
- Corporations Winding Up Statutory Demand Application to Set Aside / Application for Leave to Discontinue Proceedings
- Outcome
- Leave granted to discontinue proceedings. Plaintiff to pay defendant's costs.
- Legal Topics
- ['statutory Demand' 'discontinuance' 'costs']
Case Brief
Summary, issues, holding and outcome
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Procedural Posture
Corporations Winding Up Statutory Demand Application to Set Aside / Application for Leave to Discontinue Proceedings
Legal Issues
- 1 ['Whether leave should be granted to discontinue application to set aside statutory demand' 'Who bears costs when plaintiff withdraws application under s 459G Corporations Act 2001 (Cth)']
Ratio Decidendi
Where a plaintiff in s 459G proceedings withdraws its application due to inability to prove compliance with the 21-day service rule, the normal costs rule applies and the plaintiff must pay the defendant’s costs.
Court Disposition
Leave granted to discontinue proceedings. Plaintiff to pay defendant's costs.
Orders
- ['Plaintiff granted leave under rule 12.1(b) of Uniform Civil Procedure Rules 2005 to discontinue proceedings as to all claims for relief.' 'Plaintiff to file notice of discontinuance within seven days.' "Plaintiff must pay defendant's costs of proceedings in accordance with rule 42.19(2) of Uniform Civil Procedure...
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