15 May 2014
WORKING CAPITAL SOLUTIONS HOLDINGS LIMITED v PEZARO [2014] NZHC 1020
- Citation
- [2014] 3 NZLR 379
- Court
- High Court
WCSH failed to satisfy the Court that none of the grounds in s162 applied because it produced no evidence of any present indebtedness secured by the registered GSA and relied on contingent future possibilities; accordingly the Court was not satisfied that s162(a) did not apply and refused to make a s167 order, discharging the interim order and directing the financing statement be removed.