New Zealand Case Law: Decisions & Judgments | LexChat

New Zealand Case Law

Adjudication under s 26 insolvency act 2006
  • 14 Jun 2019

    SANSON & OR v SHAN LING [2019] NZHC 1352

    Citation
    [2019] NZHC 1352
    Court
    High Court

    Adjournment refused and adjudication ordered because the debtor had ample time to obtain advice, there was no evidentiary basis that the proposed proposal or counterclaim had substantive merit, a nil return under execution had been made satisfying s 26, and the prejudice to creditors and public interest in prompt adjudication outweighed the debtor's request for delay.

    • Adjudication under s 26 insolvency act 2006
    • Adjournment application
    • Voidable transactions / recovery of payments
    • Costs