Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Annulment of bankruptcy adjourned

Bank Customer Action Collective

P.O.Box 141-77

Tauranga

Phone # (07) 578-1406 Facsimile # (07) 578-1462

E-mail address baker.emily@xtra.co.nz

Coordinator - Mrs. Suzanne Baker

Media Release

Annulment of bankruptcy adjourned

The case bought by this organisation in the Auckland High Court to have the bankruptcy of a collective member annulled, has been adjourned for the third time before the court yesterday.

Justice has been demanded for the action taken by an overpowered bank that flouted insolvency laws, simply toprevent court action laid down in the high court the bank being continued.

Suzanne Baker Coordinator of the Bank Customer Action Collective says:

"If there was no substance to this action there would be no way a court would have heard this case three times with a fourth date pending - it would be thrown out".

Shes adds "Even with all the Banks high powered lawyers, they have failed to have failed to stop this action taken by this organisation.

Contact Gray Eatwell (03) 755 6461


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

"Broad-Based Growth": GDP Rises 1 Percent In June Quarter

Gross domestic product (GDP) rose 1.0 percent in the June 2018 quarter, up from 0.5 percent last quarter, Stats NZ said today. This is the largest quarterly rise in two years. More>>

ALSO:

Judicial Review: China Steel Tarrif Rethink Ordered

On 5 July 2017 the Minister determined not to impose duties on Chinese galvanised steel coil imports. NZ Steel applied for judicial review of the Minister’s decision. More>>

Debt: NZ Banks Accelerate Lending In June Quarter

New Zealand's nine major lenders boosted lending at the fastest quarterly pace in almost two years as fears over bad debts subsided. More>>

ALSO:

Balance Of Trade: Annual Current Account Deficit Widens To $9.5 Billion

New Zealand’s current account deficit for the year ended June 2018 widened to $9.5 billion, 3.3 percent of GDP, Stats NZ said today. More>>

ALSO: