12 Oct 2018
NANDRO INVESTMENT LIMITED v WIRI HOLDINGS LIMITED [2018] NZHC 2653
- Citation
- [2018] NZHC 2653
- Court
- High Court
The court maintained and supplemented interim orders because a mortgagee sale was imminent and the only practicable urgent remedy to avoid enforcement was to order specific performance of the sale of 27 and 27A Puhinui Road to the plaintiffs subject to without prejudice protection; sale proceeds were to be applied first to mortgage repayment and held in trust pending substantive resolution, and interim occupancy by the third defendant was permitted to mitigate personal hardship.