The High Court has placed six companies belonging to the Chance Voight Group, a Rangiora-based investment firm, into liquidation following findings of insolvency and an unsustainable business model. The Financial Markets Authority (FMA) brought the liquidation proceedings on 29 June 2026, and the Court issued its decision today appointing liquidators to the parent company and five core subsidiaries.
- Court Decision Date: 29 June 2026
- Companies Liquidated: Parent company and five subsidiaries
- Key Finding: Group was insolvent and reliant on new investor funds to meet obligations
- Additional Action: One holding company wound up based on lack of confidence in management
The High Court’s judgment confirmed that all but one of the companies were insolvent, with the Court finding overwhelming evidence of financial distress. The remaining company, a non-trading holding entity, was wound up separately following the determination that management lacked sufficient credibility to continue operations. The FMA’s investigation revealed the Group was unable to meet its debts as they fell due and had been sustained through continuous new investor capital injections.
Our primary goal in bringing the liquidation proceeding was to ensure the preservation of investor funds to the extent possible. The Court’s judgment confirms the FMA’s concerns about the management of these companies.
Margot Gatland, Head of Enforcement at the FMA, stated that the Court’s findings validated the regulator’s management concerns and supported its strategy to prioritize investor protection throughout the liquidation process.
Margot Gatland, Head of Enforcement at Financial Markets Authority. Source: LinkedIn
The FMA’s investigation into Chance Voight Investment Corporation Limited and associated entities remains active. Individuals with relevant information are encouraged to contact the FMA at 0800 434 566 or via [email protected]. Investors and creditors should direct inquiries to the appointed liquidators at [email protected].
