30 Aug 2012
KIWIBANK LIMITED V HA HC AK CIV-2012-404-1080
- Citation
- openlaw-3b9cec4d_fd27_4e22_9fc6_69e9702cafd6.pdf
- Court
- High Court
Jurisdictional requirements of ss13 and 36 were satisfied and, applying the discretionary factors in s37 and relevant authorities, the court held the public interest and need to protect and investigate the debtor's assets outweighed the debtor's request for a 30 day adjournment to propose a lump sum arrangement; adjudication was therefore appropriate.