Re Universal Management Ltd - [1983] NZLR 462

Company law — Winding up — Voidable securities — Preference — Whether transitional provisions in Companies Amendment Act 1980 prevented liquidators relying on pre-1980 fraudulent preference provision in proceedings commenced in 1977 but not heard until 1981 — Application of s 20(g) and s 20(e) of the Acts Interpretation Act 1924 — Whether an assignment absolute in form was in fact an assignment by way of charge and voidable — Whether an unregistered mortgage was a voidable charge — Companies Amendment Act 1980, s 51.