5 Sept 2022
69 GREENLANE EAST LIMITED v ORIENT CONSTRUCTION LIMITED [2022] NZHC 2246
- Citation
- [2022] NZHC 2246
- Court
- High Court
The payment claim dated 6 December 2021 was contractually impermissible because the parties had agreed the fixed management fee would be payable only on agreed milestone dates, no milestone dates had been agreed or reached, therefore the payment claim was a nullity and there exists a substantial dispute under Companies Act s290(4)(a) warranting setting aside the statutory demand.