12 Oct 2006
LANDBANK LIMITED (IN LIQUIDATION) V NZ CATERING SUPPLIES LIMITED HC WN CIV-2006-485-2300
- Citation
- openlaw-7a5a1815_6640_4ce7_a10f_b778b025b4ab.pdf
- Court
- High Court
Court was satisfied plaintiff established a prima facie case for winding up on the just and equitable ground, demonstrated urgency and special circumstances (recurrent phoenixing and risk to realisable assets), and that it was expedient under s246 to appoint interim liquidators to preserve assets pending the substantive winding-up hearing; accordingly interim liquidators were appointed.