7 Dec 2023
GRIFFITHS v ISLAND GRACE (FIJI) LIMITED (IN RECEIVERSHIP AND IN LIQUIDATION) [2023] NZCA 627
- Citation
- [2023] NZCA 627
- Court
- Court of Appeal
Satori was unable to pay its debts within the meaning of the Companies Act, the High Court of New Zealand was the appropriate forum to appoint a liquidator of a New Zealand company, the appellant lacked standing and failed to show an arguable case of solvency or other legitimate interest to restrain or stay the liquidation, and therefore the liquidation order was properly made; interim relief and applications to adduce further evidence on appeal were rightly refused and the appeal was dismissed.