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Court of Appeal Wellington
CA 247/00
18 September; 15 October 2001
McGrath, Fisher and William Young JJ
CA 247/00
18 September; 15 October 2001
McGrath, Fisher and William Young JJ
Company law — Liquidation — Validity of debenture — Whether debenture charge in substitution for earlier debenture — Whether debenture secured consideration provided at time of or after giving of debenture — Companies Act 1993, ss 293 and 294.