18 May 2020
CHARLIE AGI v ANZ BANK LIMITED [2020] NZHC 1023
- Citation
- [2020] NZHC 1023
- Court
- High Court
The Court approved the proposal because it was lodged in the prescribed form, proper notice was given to creditors, a majority in number and over 75% in value of voting creditors approved it, and no grounds under s 333(3) were shown to refuse approval; a single dissenting creditor did not oppose the application and procedural defects noted did not invalidate the application.