In the matter of Olympic Domain P/L (ACN 115 759 245); Olympic Domain P/L (ACN 115 759 245) v Cohiba Minerals Ltd (ACN 149 026 308) 246 [2023] VSC 113

CORPORATIONS - Corporations Act 2001 (Cth) - Part 5.4 - Insolvency - Statutory demand - s 459G - Application to set aside - Where debt claimed relates to expenditure under joint venture for exploration of mining tenements - Where defendant appointed by joint venture participants as manager and agent - Where defendant incurred expenditure in excess of amount approved for current program of works - s 459H - Whether genuine dispute about existence and/or amount of debt - Whether genuine dispute that debt claimed in demand due and payable - Demand set aside.