LOTT v TUATAPERE SALEYARDS CO LIMITED (IN LIQUIDATION) [2021] NZHC 2588 [29 September 2021]

LOTT v TUATAPERE SALEYARDS CO LIMITED (IN LIQUIDATION) [2021] NZHC 2588 [29 September 2021]

Because the parties consented and leave had been reserved with reasons set out in the Court's earlier judgment of 6 August 2021, the Court ordered Tuatapere Saleyards Co Limited be placed into liquidation and appointed Mr Iain Nellies as liquidator, with the order timed to commence at 4:00 pm on 29 September 2021;...

Source-derived case information.

Citation
[2021] NZHC 2588
Parties
Plaintiff: Kelvin John Lott; Plaintiff: Leslie Edward Kollat; Defendant: Tuatapere Saleyards Co Limited (In Liquidation)
Court
High Court
Jurisdiction
New Zealand
Judgment Date
29 September 2021
Procedural Posture
Liquidation Application / Order Made (liquidation)
Outcome
Company placed into liquidation by consent; liquidator appointed; interlocutory conference vacated.
Legal Topics
Liquidation, Appointment of Liquidator, Consent Order, Case Management
Company Law Insolvency Civil Procedure Liquidation Appointment of Liquidator Consent Order Case Management

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Parties

Kelvin John Lott

Plaintiff

Leslie Edward Kollat

Plaintiff

Tuatapere Saleyards Co Limited (In Liquidation)

Defendant

Procedural Posture

Liquidation Application / Order Made (liquidation)

  1. 1 Whether the company should be placed into liquidation by consent
  2. 2 Appointment of a liquidator
  3. 3 Timing and commencement of the liquidation order

Ratio Decidendi

Because the parties consented and leave had been reserved with reasons set out in the Court's earlier judgment of 6 August 2021, the Court ordered Tuatapere Saleyards Co Limited be placed into liquidation and appointed Mr Iain Nellies as liquidator, with the order timed to commence at 4:00 pm on 29 September 2021; the scheduled telephone conference was vacated.

Court Disposition

Company placed into liquidation by consent; liquidator appointed; interlocutory conference vacated.

Orders

  • Tuatapere Saleyards Co Limited is placed into liquidation by consent
  • Order timed at 4.00 pm on Wednesday 29 September 2021