31 Jul 2015
GRAZ4U LTD v COMBINED VET SERVICES (GORE) LTD [2015] NZHC 1801
- Citation
- [2015] NZHC 1801
- Court
- High Court
The application to set aside the statutory demand was dismissed because Graz4u failed to demonstrate a genuine and substantial dispute that the debt was not owing; the demand wording, while clumsy, was not invalid; however Graz4u established that CVS could not establish entitlement to 18% p.a. interest on the account and the recoverable principal was fixed at $51,574.31 to be paid within 15 working days.