High Court Wellington
23 October; 18 November; 11 December 1981
Thorp J
23 October; 18 November; 11 December 1981
Thorp J
Company law — "Charge on book debts of the company" — Whether certain unregistered assignments made by a company prior to it being placed in liquidation were rendered void in whole or in part by reason of their constituting "charges on book debts of the company" in terms of s 102(2)(f) of the Companies Act 1955 — Whether the rights assigned were removed from the category of book debts by reason of their being "future" or "contingent" debts, or debts which would not in the ordinary course of such a business be entered in well-kept books of account.
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