15 Dec 2015
WILLIAMS v THE REGISTRAR OF COMPANIES & ORS [2015] NZHC 3217
- Citation
- [2015] NZHC 3217
- Court
- High Court
Applicants lacked standing under s 284 to seek reversal of the liquidator's final report because they were not directors, shareholders or creditors at the time of removal (their bankruptcies and disqualification severed the necessary nexus); restoration cannot achieve applicants' proposed non‑liquidation control because reversal of the final report is required to restore liquidation and control vests in the liquidators; application to restore declined.