23 Sept 2020
A T FINANCING LIMITED v THE ANCHOR OPERATIONS LIMITED PARTNERSHIP [2020] NZHC 2490
- Citation
- [2020] NZHC 2490
- Court
- High Court
Because ATF served a statutory demand that was not complied with and AOLP made no steps to set it aside, AOLP was deemed unable to pay its debts under LPA s91; exercising the Court's discretion under ss89 and 90(1)(h) the Court appointed Mr Gareth Hoole and Mr Clive Bish as liquidators; Associate Judges have jurisdiction to make such appointments under s20(2)(b) of the Senior Courts Act read with the Companies Act and the LPA.