24 May 2011
NORTH HARBOUR TRUSTEE CO LTD V LAURIE COLLINS MARINE GROUP LTD (IN LIQUIDATION) HC AK CIV-2010-404-8494
- Citation
- openlaw-b2032dab_0976_4955_8883_171607eb1f7d.pdf
- Court
- High Court
The applicant demonstrated an arguable defence because there was insufficient evidence that it had knowledge of or ratified the transfers as advances from the respondent; therefore a genuine and substantial dispute as to the debt existed and the statutory demand must be set aside (stayed).