15 Mar 2021
RE SCOTT [2021] NZHC 518
- Citation
- [2021] NZHC 518
- Court
- High Court
Because the amended joint proposal complied with the statutory form and procedural requirements, was supported by a majority of creditors both numerically and by value, no s333(3) grounds for refusal were present, and any omission in service detail was immaterial given the improved benefit to creditors, the court approved the creditors' proposal.