22 Nov 2017
RANOLF CO LTD (In liquidation) v BHANA & ORS [2017] NZHC 2872
- Citation
- [2017] NZHC 2872
- Court
- High Court
Funds paid into court were ordered to be disbursed to the applicant because the appeal would not be rendered nugatory by disbursement, the applicant and creditors would suffer substantial prejudice if funds were retained, and liquidators provided recorded undertakings to repay any amounts ordered by the Court of Appeal and to remove caveats once funds cleared.