21 May 2014
COLOURPLUS EASTERN HIRE LTD (In Liq) v BINNEY [2014] NZHC 1085
- Citation
- [2014] NZHC 1085
- Court
- High Court
The advances of $141,016.46 made by the company to the defendant were loans repayable on demand, demand was made on 11 September 2013 and no repayment was made; accordingly judgment is entered for the first plaintiff for $141,016.46 with interest from 11 September 2013; the liquidators' separate claim for breach of directors' duties is struck out; costs awarded to the plaintiff on a 2B basis.