High Court Wellington
8 April 1998
Master Kennedy-Grant
8 April 1998
Master Kennedy-Grant
Company law — Insolvency — Termination of voluntary liquidation — Registrar sought termination of voluntary liquidation and substitution of Court-appointed liquidator — Registrar suspected voidable transactions had occurred and challenged independence of liquidator — Whether Court had power to terminate — Whether sufficient grounds for making order — Companies Act 1993, ss 250, 292 and 293.
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