High Court Wellington
6 December 1985; 2 April 1986
Henry J
6 December 1985; 2 April 1986
Henry J
Administration of estates — Bankruptcy — Insolvent estate — Charge on property of deceased — Deceased died intestate — Interest in real property had passed by survivorship — Mortgage over property was discharged from proceeds of life insurance policy held as collateral security — Estate was subsequently adjudicated bankrupt — Whether Official Assignee can recover from the survivor the proceeds of the life insurance policy applied in repayment of the mortgage — Administration Act 1969, s 34.
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