A Whangarei company which tried to liquidate another commercial entity over an unpaid bill not only failed in its bid but also had costs awarded against it.
CablePrice in Whangarei applied to the High Court at Whangarei under the Companies Act for an order that Taimona Haulage be liquidated over an unpaid bill of $14,607 for repairs and parts. Before the application the company served a statutory demand for payment but Taimona Haulage did not comply with the notice.
However, Taimona Haulage director James Diamond argued the debt which CablePrice relied upon was subject to a genuine and substantial dispute.
His company owned a Scania truck and there was a contract with CablePrice to repair the vehicle.
In his statement of …
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