5 Oct 2012
CP ASSET MANAGEMENT LIMITED V DAMIEN GRANT AND STEVEN KHOV HC AK CIV-2012-404-2498
- Citation
- openlaw-36d1be24_3e78_48bb_9c56_3bd3198eccc5.pdf
- Court
- High Court
The earlier costs order sealed on 6 September 2012 made the Court functus officio so the sealed award stands; the liquidators could have avoided an adverse costs outcome by deferring rejection or suspending their decision when further material was provided, and therefore they must meet the costs personally; the Court will not direct that costs be added to the proof of debt or be paid from company assets under reg 16 in this case and dismisses the liquidators' application for directions.