6 Aug 2020
CASATA LIMITED v FARR [2020] NZHC 1952
- Citation
- [2020] NZHC 1952
- Court
- High Court
Casata satisfied the statutory prerequisites for bankruptcy under s11 and s13; after weighing the debtor's arguments (delay, health, alleged unfairness, promise by creditor) the Court found those factors insufficient to justify refusing to exercise its discretion and ordered the debtor adjudicated bankrupt effective 14 August 2020 at 4:00 pm unless full judgment and interest paid by that time.