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\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 IN THE HIGH COURT OF FIJI
\par AT SUVA
\par CIVIL JURISDICTION
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid10947794 {\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid10947794 {\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 CIVIL ACTION NO. 262 OF 2002
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid10947794 {\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid10947794 {\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 Between:
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid10947794 {\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid10947794 {\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 DEE CEE}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 {\field{\*\fldinst SYMBOL 61 \\f 
"WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 S BUS SERVICES LIMITED
\par }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 Plaintiff
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid10947794 {\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid10947794 {\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 and
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid10947794 {\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid10947794 {\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 DRIVE TRAIN ENGINEERING LIMITED
\par }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 Defendant
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15146849 {\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 
\par Mr. D. Sharma for the Plaintiff
\par Mr. G.P. Shankar for the Defendant
\par 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid10947794 {\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 DECISION
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15146849 {\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid10947794 
\par }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 This is the plaintiff}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 61 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{
\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 s application by way of motion dated 21 June 2002 seeking an order restraining the defendant }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL
 62 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 from proceeding with and advertising in any way a threatened winding up petition against the applicant until further order}{
\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 61 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 .}{
\lang2057\langfe1033\langnp2057\insrsid15235595 
\par }{\lang2057\langfe1033\langnp2057\insrsid15146849\charrsid15146849 
\par }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 An affidavit of Reginald Chand in support has been filed.
\par 
\par }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Plaintiff}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 61 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 s contention}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
\par 
\par The grounds of opposition mainly is that there is a }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 substantial dispute}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
 between the parties relating to any amounts alleged to be owed by the plaintiff.}{\lang2057\langfe1033\langnp2057\insrsid15146849  }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 The plaintiff has simultaneo
usly with this motion issued a Writ of Summons in this regard.
\par 
\par The plaintiff says that it is a solvent company.}{\lang2057\langfe1033\langnp2057\insrsid15146849  }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 It would be inequitable and unjust for the defendant to advertise the winding}{
\lang2057\langfe1033\langnp2057\insrsid15146849 -}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 up Petition as it would cause irreparable damage to the plaintiff}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
{\field{\*\fldinst SYMBOL 61 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 s reputation.
\par 
\par The plaintiff says that the defendant}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 61 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{
\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 s bailiff and agent Eparama Turaga came to collect $32,553.78 in August 2000.}{\lang2057\langfe1033\langnp2057\insrsid15146849  }{
\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 It is alleged by the plaintiff that it was agreed with Turaga that a credit note for $14,653.00 would be issued to the plaintiff and the sum of $17,920.78 would be paid.}{
\lang2057\langfe1033\langnp2057\insrsid15146849  }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Post}{\lang2057\langfe1033\langnp2057\insrsid15146849 -}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
dated cheques were issued for the latter sum and the cheques were duly honoured.
\par 
\par Despite this agreement a winding}{\lang2057\langfe1033\langnp2057\insrsid15146849 -}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 up Notice was issued on 21 March 2002 and on 14 June 2002 the defendant}{
\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 61 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 s solicitors threa
tened to proceed to wind}{\lang2057\langfe1033\langnp2057\insrsid15146849 -}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 up the plaintiff company stating that the said agreement was unenforceable.
\par 
\par }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Defendant}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 61 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 s contention}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
\par 
\par The defendant in reply states that Turaga had no authority whatsoever to make any compromise with the plaintiff.}{\lang2057\langfe1033\langnp2057\insrsid15146849  }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 It says that the 
said cheques were deposited as part}{\lang2057\langfe1033\langnp2057\insrsid15146849 -}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849  payment.}{\lang2057\langfe1033\langnp2057\insrsid15146849  }{
\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 The plaintiff owes $22,201.42 and that is why a statutory demand notice was sent.
\par 
\par }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Consideration of the issue
\par }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
\par }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 I have read the affidavits filed herein and the written submissions made by both counsel.
\par 
\par There is no doubt that there is a }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 substantial dispute}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849  between the parties as to the alleged debt.
\par 
\par The plaintiff maintains that it has paid the debt in full and relies heavily on the agreement signed by the defendant}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 61 \\f "WP TypographicSymbols"
 \\s 12}{\fldrslt\f169\fs24}}}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 s bailiff and agent.}{\lang2057\langfe1033\langnp2057\insrsid15146849  }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
There a credit note is stated to have been given for $14,653.00.
\par 
\par Whether the said Turaga had any authority to enter into such an agreement cannot be decided on affidavit evidence alone.}{\lang2057\langfe1033\langnp2057\insrsid15146849  }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
It could be a matter entirely between the defendant and Turaga.
\par 
\par On the facts as they stand, the solution to the dispute lies in an action commenced by the Writ of Summons and that the plaintiff has already done.}{\lang2057\langfe1033\langnp2057\insrsid15146849  }{
\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Winding}{\lang2057\langfe1033\langnp2057\insrsid15146849 -}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
up Petition is not the answer to a vigorously opposed debt based on substantial grounds.
\par 
\par In determining the issue before me I have borne in mind the principles as stated below from }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Palmer}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst 
SYMBOL 61 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 s Company Law }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Vol.3 15.214:
\par 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid15146849 {\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 To fall within the general principle the dispute must be bona fide in both a subjective and an objective sense.}{\b\lang2057\langfe1033\langnp2057\insrsid15146849  }{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Thus the reason for not paying the debt must be honestly believed to exist and must be based on substantial or reasonable grounds.}{\b\lang2057\langfe1033\langnp2057\insrsid15146849  }{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Substantial}{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
 means having substance and not frivolous, which disputes the court should ignore.}{\b\lang2057\langfe1033\langnp2057\insrsid15146849  }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
There must be so much doubt and question about the liability to pay the debt that the court sees that there is a question to be decided.}{\b\lang2057\langfe1033\langnp2057\insrsid15146849  }{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 The onus is on the company }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 to bring forward a prima facie case which satisfied the court that there is something which ought to be tried either before the court itself or in an action, or by some other proceedings.}
{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15146849 {\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
\par In }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Offshore Oil N.L. and Investment Corporation of Fiji Limited }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
(Civ. App. 29/84 F.C.A. at p.15 of cyclostyled judgment) }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Barker J.A. }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 said:
\par }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid15146849 {\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 The law is clear that there is a discretion in a Court seized of a winding}{\b\lang2057\langfe1033\langnp2057\insrsid15146849 -}{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 up petition, to decline to hear the petition where the debt is contested on substantial grounds.}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst 
SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15146849 {\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
\par }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Also in }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Bateman Television Limited }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 (}{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 In Liquidation}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 ) }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
and Another v Coleridge Finance Company Limited}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849  1971 NZLR p.929 Judicial Committee, it was held:
\par }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
\par }\pard \ql \fi-720\li1440\ri0\nowidctlpar\faauto\rin0\lin1440\itap0\pararsid15146849 {\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 3.\tab The general rule is that an 
order for winding up will not be made on disputed debt but a Judge has discretion to make a winding up order on disputed debts which is not reviewable unless exercised on a wrong principle or the Judge included or omitted consideration of a relevant fact 
or was wholly wrong.}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15146849 {\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
\par }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Upon a careful consideration of the affidavit evidence before me and the submissions in writing of both counsel, I am satisfied that there is a substantial dispute.}{
\lang2057\langfe1033\langnp2057\insrsid15146849  }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 There is threat of a winding up Petition being filed.}{\lang2057\langfe1033\langnp2057\insrsid15146849  }{
\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 A real dispute turning on disputed questions of fact which requires vice voce evidence cannot properly be decided on petition.}{\lang2057\langfe1033\langnp2057\insrsid15146849  }{
\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 It was held }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 In re Company}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849  No. 00212 of 1995 }{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 The Times Law Reports}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849  (1995 P.186) that in such a situation }{
\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
the correct course was to strike out the petition, whether the company was, or was not solvent at the time}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt
\f169\fs24}}}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 .}{\lang2057\langfe1033\langnp2057\insrsid15146849  }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 It was also stated by }{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Walker J}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849  that }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 65 \\f 
"WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 where there was a complex rift of disputed facts and allegations on both sides which cried out for cross}{
\b\lang2057\langfe1033\langnp2057\insrsid15146849 -}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 examination, it was inappropriate for a claimant to resort to a petition to wind up a company which was his adversary}{
\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 .}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{
\lang2057\langfe1033\langnp2057\insrsid15146849  }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 (}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 In re Amadeus Trading Ltd}{
\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 , The Times Law Reports 1 April 1997 p.36).
\par 
\par On the totality of the evidence there is here triable issues such as would entitle the company to resist a Petition if one was filed.}{\lang2057\langfe1033\langnp2057\insrsid15146849  }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
I conclude with the following extract from }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Megarry J}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 61 \\f "WP TypographicSymbols"
 \\s 12}{\fldrslt\f169\fs24}}}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 s}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849  judgment in }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
In re Lympne Investments Ltd}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849  (No.00250 of 1971) 1972 1 WLR 523 at 527 which is apt:
\par 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid15146849 {\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Nor is it right, or in accordance with the modern practice, to stand over the petition in order that the disputed issues may be resolved in other proceedings.}{
\b\lang2057\langfe1033\langnp2057\insrsid15146849  }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 That practice, I may say, seems to stem from In re London and Paris Banking Corporation (1874) L.R. 19 Eq. 444.}{
\b\lang2057\langfe1033\langnp2057\insrsid15146849  }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 The Companies Court must not be used as a debt}{\b\lang2057\langfe1033\langnp2057\insrsid15146849 -}{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 collecting agency, nor as a means of bringing improper pressure to bear on a company.}{\b\lang2057\langfe1033\langnp2057\insrsid15146849  }{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 The effects on a company of the presentation of a winding up petition against it are such that it would be wrong to allow the machinery designed for such petitions to be used as a means 
of resolving disputes which ought to be settled in ordinary litigation, or to be kept in suspense over the company}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 61 \\f "WP TypographicSymbols"
 \\s 12}{\fldrslt\f169\fs24}}}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 s head while that litigation is fought out.}{\b\lang2057\langfe1033\langnp2057\insrsid15146849  }{
\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Further, Mann v. Goldstein [1968] 1 W.L.R. 1091, cited with approval in the New Zealand Court of Appeal in Bateman Television Ltd. v. Coleridge Finance Co. Ltd.}{
\b\lang2057\langfe1033\langnp2057\insrsid10947794  }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
[1969] N.Z.L.R. 794, provides authority for saying that when a petition is based on a debt which is disputed on substantial grounds, the petitioner is not a }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL
 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 creditor}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 64 \\f 
"WP TypographicSymbols" \\s 12}{\fldrslt\f169\fs24}}}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849  within section 224(1) of 
the Act of 1948 who has the locus standi requisite for the presentation of the petition, even if the company is in fact insolvent.}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols"
 \\s 12}{\fldrslt\f169\fs24}}}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15146849 {\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
\par In the outcome, for the reasons stated hereabove and considering the principles involved, I grant the Order sought, namely, restraining the defendant from proceeding with }{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
filing a petition}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849  and advertising in any way to wind}{\lang2057\langfe1033\langnp2057\insrsid15146849 -}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
up the plaintiff company until further order of this Court.}{\lang2057\langfe1033\langnp2057\insrsid15146849  }{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 The cost}{\lang2057\langfe1033\langnp2057\insrsid15146849 
s are to be costs in the cause.}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
\par 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15146849 {\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 D. Pathik
\par }{\b\ul\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 Judge}{\b\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15146849 {\lang2057\langfe1033\langnp2057\insrsid15146849 
\par }{\lang2057\langfe1033\langnp2057\insrsid15146849\charrsid15146849 At Suva}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
\par 17 September 2002}{\lang2057\langfe1033\langnp2057\insrsid15235595\charrsid15146849 
\par }}