High Court Wellington
15, 25 June 1987
Greig J
15, 25 June 1987
Greig J
Company law — Winding up — Petition — Company sought to prevent the advertising of a winding-up petition and any further proceedings on the petition — Petitioner's claim was for damages for breach of contract and was disputed by the company — Whether such a claim is a sum then due for which the company is indebted — Whether failure by the company to meet such a demand is a neglect to pay — Whether the winding-up petition ought to be stayed on the ground of abuse of process — Companies Act 1955, s 218.
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