KEY POINTS:
The High Court application for an injunction putting a halt on Hanover Finance's rescue plan meeting tomorrow is continuing in Auckland.
Lawyer for disaffected investors Paul Dale has spent two hours this afternoon in the High Court at Auckland arguing that not enough time has been given for his clients to make up their minds.
Investors are being asked to vote tomorrow morning on whether to accept the company's restructuring proposal, or put it into receivership.
The judge hearing the case, Justice Heath, has now asked Hanover trustees Guardian and Perpetual - who are in court opposing the injunction application - to come back to him with answers to questions he has around the length of time being given to investors to decide on the plan.
He has told the court he intends to make a decision on the injunction request tonight.
The application for the injunction was made behalf of the investors' lobby group EUFA.
Dale has said investors were finding the decision "too complicated, too hard", and wanted more time to consider what to do.
Around 16,500 investors are owed $527 million by Hanover.
The company is proposing paying investors back their capital over the next five years.
It has conducted 11 meetings around the country over the past two weeks to explain its plan.
Details of the payback plan are available at:Hanover Finance
