Clime Capital Limited v Credit Corp Group Limited

REASONS FOR JUDGMENT 1 The matter presently before the Court is a Notice of Motion filed by the applicant on 16 December 2009 seeking further answer to interrogatories administered by the applicant on the respondent by a Notice to Answer Interrogatories filed 23 November 2009. 2 The hearing of the motion has proceeded for approximately three hours and it has emerged that there are deficiencies in the interrogatories as administered by the applicant which has led to an indication being given by counsel for the applicant that it no longer wishes to press the motion seeking further answers to the interrogatories as previously administered. 3 Consideration has been given during the course of argument to a number of cases, including Shop Distributive and Allied Employees Association v Karellas Investments Pty Limited [2007] FCA 959, Telstra Corporation Limited v The Minister for Communications, Information Technology and the Arts [2007] FCA 1398, Wildia Pty Ltd v Lee (1984) 9 ACLR 122, Allied Pastoral Holdings Proprietary Limited v The Commissioner of Taxation [1983] 1 NSWLR 1, W R Carpenter Holdings Proprietary Limited v The Commissioner of Taxation of the Commonwealth of Australia (2008) 237 CLR 198 and Meth v Norbert Steinhardt & Son Limited (1959) 33 ALJR 78. 4 In the light of the position indicated by the applicant, it is no longer necessary to address the specific interrogatories that were administered, and the answers which have been provided to those interrogatories. The applicant, however, seeks an opportunity to administer further interrogatories in proper form which will address, in substance, the issues to which the earlier interrogatories related. 5 The earlier interrogatories have a series of annexures identified as A, B, C and D, being: a document apparently published by the respondent entitled 'FY07 Results Presentation', a letter from the respondent to the Australian Stock Exchange Limited dated 7 November 2007, a document apparently produced by the respondent and made available on discovery, being a set of figures, the first page of which bears the heading 'Credit Corp Group forecast FY2008 Oct-07' and a letter from the respondent to the Australian Stock Exchange Limited of 11 February 2008. 6 It seems to me that an opportunity ought to be afforded to the applicant to administer proper interrogatories in relation to these documents and the circumstances in which they were brought into existence and published. 7 In the circumstances, the orders that I make are: (1) I direct that the applicant serve such further interrogatories as it may be advised in draft on the respondent on or before 15 February 2010 with a view to a consent order being made for the administration of proper interrogatories shortly thereafter. (2) I grant leave to the applicant to apply by motion for such interrogatories as may not be the subject of agreement between the parties to be administered, such motion to be returnable before the court at 10.15 am on Wednesday, 17 March 2010. (3) I order that the applicant's Notice of Motion filed 16 December 2009 be dismissed. (4) I order that the applicant pay the respondent's costs of the Notice of Motion and 90 per cent of the costs of the respondent of its Verified Statement in Answer to Interrogatories filed 14 December 2009. I certify that the preceding seven (7) numbered paragraphs are a true copy of the Reasons for Judgment herein of the Honourable Justice Graham.