Application by SSP Assets Pty Ltd for an extension of time to file a notice of intention to oppose an application under section 92 of the

This matter concerned an application by SSP Assets Pty Ltd for an extension of time to file a notice of intention to oppose an application made under section 92 of the *Corporations Act 2001* (Cth). The application was heard by Timothy Brown J in the Supreme Court of Victoria.

The primary legal issue before the Court was whether to grant SSP Assets Pty Ltd an extension of time to file its notice of intention to oppose. This required the Court to consider the principles governing the grant of such extensions, particularly in the context of applications made under section 92 of the *Corporations Act 2001* (Cth), which relates to the registration of charges.

In determining the application, the Court applied the well-established principles for granting extensions of time, which generally involve considering the length of the delay, the reasons for the delay, the merits of the proposed defence, and the prejudice to the opposing party. The Court weighed these factors in light of the specific circumstances presented by SSP Assets Pty Ltd, including the reasons for its failure to file the notice within the prescribed time.

The Court ultimately granted the application for an extension of time, allowing SSP Assets Pty Ltd to file its notice of intention to oppose.