14 Oct 2020
Elite Ltd (in liq) v Ballan [2020] NZHC [2701]
- Citation
- Elite Ltd (in liq) v Ballan [2020] NZHC [2701]
- Court
- High Court
Associate Judge Smith found Ballan breached duties and misapplied grant funds: liability established for misapplication and breaches of ss 131, 133, 136 and 137; causation of loss to the company established; quantification and discretionary relief under s 301 are matters for trial; s 135 claim may be arguable and is left to proceed.