20 Mar 2023
CHATHAM ISLANDS MANAGEMENT LIMITED v CHATHAM HARDWARE LIMITED [2023] NZHC 562
- Citation
- [2023] NZHC 562
- Court
- High Court
A stay of the winding up proceeding was granted by consent pending the outcome of the defendant's appeal (CA33/2023) on the condition that the defendant pays $220,000 into Court to be held in the name of the plaintiff on interest bearing deposit; costs of the stay application were reserved and the matter was removed from the liquidation list with leave to apply further.