Wardair v Bush [2003] NSWSC 827

Wardair v Bush [2003] NSWSC 827

The application to set aside the statutory demand was out of time and not capable of being extended per binding authority. Leave under s 459S was refused as the debt was not material to the company's solvency, and no abuse of process was found as there were no parallel proceedings when the demand was served.

Jurisdiction
Australia
Judgment Date
19 August 2003
Procedural Posture
Application to Set Aside Statutory Demand / Judgment After Hearing on Application for Leave and to Set Aside Statutory Demand
Outcome
Application dismissed
Legal Topics
['statutory Demand' 'extension of Time' 'leave Under S 459 S' 'solvency' 'abuse of Process']

Case Brief

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Procedural Posture

Application to Set Aside Statutory Demand / Judgment After Hearing on Application for Leave and to Set Aside Statutory Demand

  1. 1 ['Whether the application to set aside the statutory demand could be brought out of time' 'Whether leave under s 459S of the Corporations Law should be granted' "Whether the existence of the debt is material to the company's solvency" 'Whether the proceedings were an abuse of process']

Ratio Decidendi

The application to set aside the statutory demand was out of time and not capable of being extended per binding authority. Leave under s 459S was refused as the debt was not material to the company's solvency, and no abuse of process was found as there were no parallel proceedings when the demand was served.

Court Disposition

Application dismissed

Orders

  • ['Proceedings dismissed' "Plaintiff to pay the defendant's costs" 'Proceedings 3693/03 stood into the list at 10am on 29 August 2003']