30 Jun 2020
GILL v K B CONTRACTING & QUARRIES LIMITED [2020] NZHC 1493
- Citation
- [2020] NZHC 1493
- Court
- High Court
The court approved the proposal because it complied with s327, adequate notice to creditors was demonstrated, a sufficient majority in value of voting creditors supported the proposal, the proposed payment schedule would approximately repay creditors in full, and no statutory ground under s333(3) to refuse approval was established.