CORPORATIONS [212]- Statutory demand- Application to set aside- Requirement to state grounds of dispute with evidence within 21 days- Whether also requirement to provide hearing with admissible evidence as to each element of cause of action in order to demonstrate genuine dispute- What is an equitable debt?- Whether company or another person principal debtor- What is meant by substance of guarantee transaction? WORDS & PHRASES- "Genuine dispute"- "Is satisfied"- "Debt".
Acts Cited:
Corporations Act 2001, ss 459G, 459H(1), 459J
Evidence Act 1995, s 136
Case Details
Citation[2003] NSWSC 666
CourtNSWSC
JurisdictionNew South Wales
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