BP Oil New Zealand Ltd v Van Beers Motors Ltd - [1992] 1 NZLR 211

Property law — Caveat — Agreement for sale and purchase — Plaintiff (lessee) alleged prior agreement to lease — Caveat registered — Order made sustaining caveat on condition that specific performance proceedings be commenced — Condition complied with — Application by defendant for continuance of order subject to undertaking as to damages — Whether power to make such undertaking condition of order continuing — Sustaining order made pursuant to s 145 of the Land Transfer Act 1952 - Land Transfer Act 1952, ss 143, 145 and 146 - High Court Rules, RR 263 and 458F(2).