High Court Wellington
9 May; 17 June 1991
Tipping J
9 May; 17 June 1991
Tipping J
Company law — Liquidation — Stay of winding-up for limited time — Debts incurred during period of stay — Whether payment of debt on which winding up based discharged winding-up order — Effect of expiry of stay on date of commencement of winding up — Whether debts incurred during stay provable in liquidation — Companies Act 1955, ss 250 and 307 - Insolvency Act 1967, ss 9 and 87.
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