GONE FARMING v LONG [2001] NSWSC 816
The statutory demand was set aside due to a defect in the demand: the debt was jointly owed to two creditors but the demand named and was made by only one, and was not signed by both as required by s 459E(2)(f) of the Corporations Act. This defect was substantive and not merely formal, preventing the statutory demand from standing.
- Parties
- Plaintiff: GONE FARMING PTY LIMITED; Defendant: PETER JOHN LONG
- Jurisdiction
- Australia
- Judgment Date
- 07 September 2001
- Procedural Posture
- Application / Judgment on Application to Set Aside Statutory Demand
- Outcome
- Statutory demand set aside; no order as to costs.
- Legal Topics
- Statutory Demand, Genuine Dispute, Defects in Demand, Joint Creditors
Case Brief
Summary, issues, holding and outcome
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Parties
GONE FARMING PTY LIMITED
Plaintiff
PETER JOHN LONG
Defendant
Procedural Posture
Application / Judgment on Application to Set Aside Statutory Demand
Legal Issues
- 1 Whether a statutory demand should be set aside due to a defect in creditor description and signing under s 459E(2)(f) of the Corporations Act
- 2 Whether there is a genuine dispute as to the debt claimed in the statutory demand
- 3 Whether the debt was owed jointly or severally to the named creditors
Ratio Decidendi
The statutory demand was set aside due to a defect in the demand: the debt was jointly owed to two creditors but the demand named and was made by only one, and was not signed by both as required by s 459E(2)(f) of the Corporations Act. This defect was substantive and not merely formal, preventing the statutory demand from standing.
Court Disposition
Statutory demand set aside; no order as to costs.
Orders
- Order 1 in the application (statutory demand set aside).
- No order as to costs; each party to pay their own costs.
Full Case Text
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