Reynolds v Euro Holdings Limited

[2024] NZHC 800

IN THE HIGH COURT OF NEW ZEALAND AUCKLAND REGISTRY

I TE KŌTI MATUA O AOTEAROA TĀMAKI MAKAURAU ROHE

CIV-2023-404-1279

[2024] NZHC 800

IN THE MATTER

of the liquidation of ZCAP LIMITED (IN LIQUIDATION)

UNDER

the Companies Act 1993

BETWEEN

GRANT BRUCE REYNOLDS, as liquidator of ZCAP LIMITED (IN LIQUIDATION)

Applicant Liquidator

AND

EURO HOLDINGS LIMITED

Respondent Creditor

Hearing:	12 April 2024
Appearances:	E R Hooker for Applicant Liquidator No appearance for Respondent Creditor
Judgment:	12 April 2024

JUDGMENT OF ASSOCIATE JUDGE LESTER

This judgment was delivered by me on 12 April 2024 at 3:45 pm pursuant to Rule 11.5 of the High Court Rules

Registrar/Deputy Registrar

……

REYNOLDS v EURO HOLDINGS LIMITED [2024] NZHC 800 [12 April 2024]

[1]                 The Liquidator seeks against Euro Holdings Limited an order that the transaction specified in the Liquidator’s application dated 10 November 2023 be set aside.

[2]That application showed a call date of 12 April 2024 at 11:45am.

[3]                 The respondent creditor did  not  appear  when  the  matter  was  called  on  12 April 2024 and Ms Hooker, counsel for the Liquidator, sought judgment in terms of the application.

[4]                 For the reasons set out in the application and supporting evidence, there is judgment for the Liquidator in terms of paragraphs (a),(b) and (c) of the application dated 10 November 2023 . Interest is to run from 20 April 2023.  Costs are fixed on  a 2B basis with disbursements as fixed by the Registrar.

[5]                 This order is not to be sealed and is to lie in court until an affidavit of service establishing that the application dated 10 November 2023 was served on the respondent creditor is filed.

Associate Judge Lester

Solicitors:

Craig Griffin & Lord, Auckland (for Applicant Liquidator)

Copy to:
Euro Holdings Limited (Respondent Creditor)