1 Dec 2022
TOBEM HOLDINGS LTD v KID COUNTRY HOLDINGS LTD (IN LIQ) [2022] NZHC 3193
- Citation
- [2022] NZHC 3193
- Court
- High Court
In the absence of bad faith or other exceptional conduct by the liquidators, refusing to consent and opposing a leave application is within their statutory role and does not justify increased costs or personal liability; therefore award ordinary costs against the company on a 2B basis and decline uplift or personal orders against the liquidators.
- Liquidator personal liability for costs
- Leave to continue proceedings under s 248
- Increased costs under high court rules rr 14.6
- Proof of debt vs damages claims
- Security for costs