High Court says receiving today’s eleventh-hour application yesterday would’ve been better.
Former NZX aspirant Optimizer HQ has withdrawn a bid to set aside debt totalling more than $16,000, for which listed Eftpos equipment provider Smartpay claimed it was owed.
The Auckland High Court was set to hear the tech company, founded by Auckland businessman Manas Kumar, argue Smartpay’s statutory demand should be set aside.
But minutes before the hearing, the creditor’ lawyers David Chisholm, Queen’s Counsel, and James Ryan were notified that Optimizer HQ was withdrawing the application.
Justice Christian Whata asked Optimizer HQ’s counsel, Marie Taylor-Cyphers, to confirm the memo he had received.

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