2 Apr 2019
AUTO FINANCE DIRECT LIMITED v MORTON [2019] NZHC 664
- Citation
- [2019] NZHC 664
- Court
- High Court
The Court was satisfied on the evidence that none of the s162 grounds were made out: there was no adequate evidence or judgment establishing a set-off sufficient to extinguish obligations; the DME, as a replacement part attached to the vehicle, fell within the collateral description; accordingly registration of the applicant's financing statement was maintained under s167 PPSA.