10 Mar 2009
NYLEX (NEW ZEALAND) LIMITED (ADMINISTRATORS APPOINTED AND IN RECEIVERSHIP) AND ANOR HC AK CIV 2009-404-1217
- Citation
- openlaw-daecaaf7_bd33_4b1c_8356_3c8e5650269a.pdf
- Court
- High Court
The Court will grant an extension under s239AT(3) where, having regard to the objects of the voluntary administration regime and the administrators' statutory duties, complexity and cross-border issues prevent a proper investigation and informed creditor decision within the 20 working day convening period; such without-notice applications require careful scrutiny and conditions to ensure adequate notice to interested parties.