KOSSERKAS -v- BHAVYA HOLDINGS PTY LTD [2015] WADC 152
| DISTRICT COURT OF WESTERN AUSTRALIA | Citation No: | [2015] WADC 152 | |
| Case No: | CIV:669/2015 | 26-27 NOVEMBER 2015 | |
| Coram: | WAGER DCJ | 16/12/15 | |
| PERTH | |||
| 17 | Judgment Part: | 1 of 1 | |
| Result: | Judgment for the plaintiff | ||
| PDF Version |
| Parties: | TOM KOSSERKAS BHAVYA HOLDINGS PTY LTD |
Catchwords: | Execution of deed Property Law Act 1969 (WA) s 9(1) Whether deed properly executed |
Legislation: | Property Law Act 1969 (WA) |
Case References: | Brice v Chambers [2014] QCA 310 Netglory Pty Ltd v Caratti [2013] WASC 364 |
JURISDICTION : DISTRICT COURT OF WESTERN AUSTRALIA
- IN CIVIL
- Plaintiff
AND
BHAVYA HOLDINGS PTY LTD
Defendant
Catchwords:
Execution of deed - Property Law Act 1969 (WA) s 9(1) - Whether deed properly executed
Legislation:
Property Law Act 1969 (WA)
Result:
Judgment for the plaintiff
Representation:
Counsel:
Plaintiff : Mr A P Hershowitz
Defendant : Mr C M Slater
Solicitors:
Plaintiff : Paiker & Overmeire
Defendant : Jackson McDonald
Case(s) referred to in judgment(s):
Brice v Chambers [2014] QCA 310
Netglory Pty Ltd v Caratti [2013] WASC 364
1 WAGER DCJ: The plaintiff Mr Kosserkas seeks to enforce a deed of acknowledgement of debt that he claims was signed by Mr Paari as director on behalf of Bhavya Holdings Pty Ltd (Bhavya) in compliance with the formalities required for a deed to be lawful and binding pursuant to s 9 of the Property Law Act 1969 (WA).
2 Bhavya denies the document was signed in compliance with the formalities of deed required by s 9 of the Act and asserts that the deed is not enforceable.
3 Both parties agree that in order to be an enforceable lawful deed strict compliance with the formalities set out in s 9 of the Act is required.
4 The history of the matter is that Mr Kosserkas had been employed as a financial controller for a company controlled by Mr Paari, Reymer Pty Ltd (Reymer). Reymer registered the OKA Motor Company Ltd (OKA) business name with ASIC in 2004 and Mr Kosserkas was an alternate director of Reymer until 14 June 2011, holding one share in the company. Mr Paari also controlled Bhavya that had previously been known as Bondshaw Holdings (Bondshaw), having changed its name in 2011. Bondshaw was, in substance, the holding company of Reymer.
5 Mr Kosserkas claims that on 27 February 2009 he and Bhavya represented by Mr Paari entered into a deed titled 'Acknowledgement of Debt' between Bondshaw as the debtor and Mr Kosserkas as the creditor. The acknowledgement of debt records that Bondshaw is indebted to Mr Kosserkas in the sum of $150,000. The deed is to acknowledge the debt and to repay the sum of $150,000 by 30 June 2009 with a requirement…
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- Case
- [2015] WADC 152
- Decision Date
CaseChat Overview and Summary
The legal issue before the court was whether the execution of the deed was valid under section 9(1) of the Property Law Act 1969 (WA). The court examined the evidence regarding the presence of the parties at the time of signing the deed and whether it met the statutory requirements. The plaintiff argued that the deed was not properly executed as the defendant's representative did not witness the plaintiff's signature. The defendant contended that the execution was valid despite the absence of the required witnessing.
The court found that the execution of the deed did not comply with the statutory requirements set out in section 9(1) of the Property Law Act 1969 (WA). The evidence demonstrated that the defendant's representative was not present when the plaintiff signed the deed. Consequently, the court ruled that the deed was not validly executed. As a result, the plaintiff's claim to enforce the contract was dismissed, and judgment was entered in favour of the defendant. The court held that the failure to adhere to the statutory execution requirements invalidated the deed, thereby preventing the plaintiff from enforcing the contract for the sale of property.
Orders
Orders of the court
Judgment for the plaintiff
Background
Background to the litigation
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Evidence
Evidence Before The Court
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Decision
Reasons for decision
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Ratio Decidendi
Legal Principle Established
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