Property Restoration Ltd v Farquhar - [1991] 3 NZLR 498

Practice and procedure — Judgments and orders — Charging orders — Priority — Competing orders registered over certain property by two judgment creditors at different times — Both orders were for more than the equity in the property — Charged property sold by one charge holder by writ of sale — Sheriff directed to hold proceeds pending application to determine what property was affected, to whom proceeds of sale should be paid and in what proportion — Whether a charging order was an interest in land — Whether charge holder first registered in time took priority — High Court Rules, R 572 - Land Transfer Act 1952, s 37(2).