In re D B Limited - [1937] NZLR 1112

Mortgagors and Tenants Relief — Mortgagors and Lessees Rehabilitation Act, 1936 — Construction of Statute — Alleviation of Hardship — Retention of Applicant in Possession of Property — Adjustment of Liabilities — Whether admitted Ability to meet Liabilities estops Applicant from obtaining Reduction — Mortgagors and Lessees Rehabilitation Act, 1936, ss 2, 7, 37 (1), 38, 41 (2), 44 (1).