25 Jul 2014
PATEL v PATEL & ORS [2014] NZHC 1744
- Citation
- [2014] NZHC 1744
- Court
- High Court
On the interlocutory evidence the plaintiff has an arguable claim and there is a real risk of dissipation of assets; accordingly the court restrained the third to ninth defendants from making distributions of profits or extraordinary/unusual remuneration without leave of the Court (with payments to Mr Praful Patel up to $100,000 per annum not treated as extraordinary). The Court declined to compel disclosure or authorisation to UBS absent fuller argument and jurisdictional basis, directed comprehensive affidavits of documents from the plaintiff and provided a procedure for third-party discove…