22 Feb 2019
STUFF LTD v ARNOLD [2019] NZHC 240 .
- Citation
- [2019] NZHC 240
- Court
- High Court
Leave to file an opposition out of time was refused because the debtor had no reasonable prospect of successfully opposing adjudication: she had sworn she could meet any costs award, provided no full and credible explanation for the apparent change in ability to pay, offered no viable creditors' proposal, and the inability to continue as a director is a standard consequence of bankruptcy which does not make adjudication unjust or inequitable; accordingly the creditor's adjudication application succeeded.
- Adjudication of bankrupt
- Leave to oppose out of time
- S 37 discretion
- Security for costs
- Creditors' proposal
- Costs awards