6 Oct 2010
ROONEY EARTHMOVING LIMITED V MCTAGUE AND ORS HC CHCH CIV 2009-476-000471
- Citation
- openlaw-b79106ef_a06c_4ce9_b075_7ee37f3b295b.pdf
- Court
- High Court
The court accepted the accountant's affidavit that the proposed disposals were compelled by current negative cash flow and ordinary business needs; accordingly the disposals fell within the ordinary course of business and the application to add a prohibition was refused.