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Insolvent estates

 

Where an estate is insovenct the administrator (or a beneficiary) can, apply for an  order in accordance with s 381 of the Insolvency Act 2006.

Where such an application is made, the consent of any co-administrators, as well as the new administrator: Official Assignee, Public Trust (or some other suitable administrator) should be obtained.

 

References

  • Estate of Raharuhi te Momo [2013] NZHC 3219
  • Insolvency Act 2006, part 6

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