26 Sept 2016
CSG Finance (NZ) Limited v Sharma [2016] NZHC 2269
- Citation
- [2016] NZHC 2269
- Court
- High Court
The guarantor, a businessman, had no reasonably arguable defence: CSGF acted reasonably and did not act oppressively under s118 CCCFA, the defendant had opportunity to review and initial parts of the agreement and the security was expressed in clear terms, contractual exclusion of counterclaims/set-off barred the defendant's alleged claims, and there was no real question to be tried; accordingly summary judgment was entered for CSGF for the contracted principal, default interest and solicitor-client costs.