3 Mar 2006
AGNEW AND WALLER AND ANOR V PARDINGTON AND JARROLD AND ANOR CA CA109/05
- Citation
- openlaw-5efcc0b8_83f3_4da9_a3cc_7d0f20668fe1.pdf
- Court
- Court of Appeal
The surplus proceeds of The Building Depot Limited are to be applied first to Fletcher to the extent of its secured indebtedness, then to other secured creditors according to their securities and priorities, and any remaining surplus to the Official Assignee as liquidator; the first respondents are responsible for ensuring subordinate creditors are paid in accordance with their priorities — orders made by consent.