Stotter v Ararimu Holdings Ltd - [1994] 2 NZLR 655

Company law — Liquidation — Deed of subordination — Pari passu rule — Whether deed was valid or enforceable — Whether open to creditor to waive right to equal participation — Companies Act 1955, ss 205, 241, 293 and 306 - Companies Act 1993, s 313 - Insolvency Act 1967, ss 93 and 104.