3 May 2023
RE LARKING (ZENITH CLYNE CORPORATION LTD) [2023] NZHC 1033
- Citation
- [2023] NZHC 1033
- Court
- High Court
Court appointed Kim Larking and Ivan Middlemost as directors under s154 because the company had no competent directors, appointment by constitution was impracticable, applicants had standing as property managers for a shareholder, appointment was necessary to protect company assets from urgent risk and it was in the interests of the company; the appointment was made subject to a condition protecting the value of the deceased director's estate.