Newman Bros Limited v Allum SOS Motors Limited (In Liquidation) - [1934] NZLR 694

Transport Licensing — Procedure where Three Applicants for License for Passenger-service and Room for One Service only — Applicant a Company in Liquidation — Application for License by Receiver for Debenture-holders — Validity thereof — "Financial ability" of Applicant to carry on Proposed Service — Right of Licensing Authority where Company insolvent to take into Consideration ability of Debenture-holders to finance Operations pending Transfer to Government Railways Board — Preference to Board over other Applicants as Application for Extension of existing Transport Service — Transport Licensing Act. 1931, ss 15, 20, 24, 25, 26, 27, 33, 35, 36, 43 — Transport Law Amendment Act, 1933, s 18.