8 Nov 2013
NORTHERN CIVIL CONSULTING ENGINEERS LIMITED v SOVEREIGN STATION TRUSTEE LIMITED [2013] NZHC 2952
- Citation
- [2013] NZHC 2952
- Court
- High Court
The court exercised its discretion to adjourn the liquidation application to a defended hearing on 20 November 2013 in Whangarei, but only on strict terms: Sovereign Station must pay $6,000 to Northern Engineers by midday 11 November 2013 and comply with timetabling and evidence directions; failure to pay will result in an immediate liquidation order to be made later that day.
- Statutory demand
- Presumption of insolvency
- Adjournment on terms
- Costs as condition of adjournment
- Disputed debt procedure