Bateman Television Limited (in liquidation) and Another v Coleridge Finance Company Limited - [1971] NZLR 929

Company law — Winding up by the Court — General — Companies insolvent — Companies Act 1955, s 218(a), (c).

Hire Purchase — Nature of transaction — Goods sold in lots of five or multiples thereof by hire purchase terms by one company to a second company — Second company hiring goods singly to members of public — Assignment to finance company of inter-company agreements not registered — Whether such agreements customary hire purchase agreements — Chattels Transfer Act 1924, ss 18, 19, 23 — Hire Purchase and Credit Sales Stabilisation Regulations 1957 (Reprint) (SR 1967/192), Regs 2(3), 3 and First Schedule paras 2, 3.