9 Jul 2021
IKON BUILDING CO-OPERATION LTD v DUMASIA [2021] NZHC 1719
- Citation
- [2021] NZHC 1719
- Court
- High Court
A registered charging order under r17.51 remains on title until discharged by one of the methods in the rule; the Court will not grant a pre-judgment charging order absent sufficient evidence of a real risk of disposal or diminution of the property. The plaintiff failed to establish such a risk on the material before the Court, and the application for a pre-judgment charging order is dismissed. The existing charged remains registered until discharged by the mechanisms in r17.51, and the Court will not exercise power to make an order to keep an order in force beyond the statutory framework abs…