24 Sept 2015
CENTRAL TYRES WAIPUKURAU LIMITED (IN LIQUIDATION) & ORS v PALLESEN & ORS [2015] NZHC 2324
- Citation
- [2015] NZHC 2324
- Court
- High Court
On the evidence and sworn interview, the liquidators demonstrated a good arguable case of breaches of ss135,137 and s194 and potential personal liability under ss300/301, identified assets in the director's name and a recent suspicious transfer indicating a real risk of dissipation; accordingly a without‑notice freezing order was necessary in the interests of justice and was granted.