24 Mar 2015
TOMANOVICH HOLDINGS LIMITED v GIBBSTON WATER SERVICES LIMITED (IN LIQUIDATION) [2015] NZHC 541
- Citation
- [2015] NZHC 541
- Court
- High Court
The originating application seeking termination of the voluntary liquidation and appointment of a provisional liquidator was unjustified in urgency and unnecessary; no evidence of imminent dissipation existed and the proper forum to challenge the liquidator was the creditors' meeting; plaintiff entitled to costs for its initial liquidation claim up to 3 December 2014 on a 2B basis and disbursements, but its originating application is dismissed and plaintiff must pay RHG and Mr Guthrey $2,000 (inclusive) and the defendant $1,000 (inclusive), with the latter set off against the plaintiff's awar…