26 Aug 2010
THE COMMISSIONER OF INLAND REVENUE AND ANOR V PARK ESTATE LIMITED HC NAP CIV-2010-441-117
- Citation
- openlaw-c4fd5967_dfab_43bc_8557_e7a6111e4921.pdf
- Court
- High Court
Where credible concerns existed about the accuracy and integrity of information provided to creditors that could affect the legitimacy of a creditors' compromise vote, the proper exercise of the court's discretion was to adjourn the applications for a short period to allow those issues to be investigated and potentially resolved rather than decide on the stay or liquidation forthwith.