Countrywide Banking Corporation Ltd v Dean - [1998] 1 NZLR 385

Company law — Winding up — Voidable transaction — Sale and purchase of company with rental arrears — Express condition of sale and purchase and assignment of lease that lessor be paid from proceeds of sale — Other creditors — Application for winding up company made before payment — Order to wind up company made after payment — Whether payment a voidable transaction — Companies Act 1993, s 292.