17 Dec 2018
JASANI v VINCENT CAPITAL LTD [2018] NZHC 3367
- Citation
- [2018] NZHC 3367
- Court
- High Court
The application was dismissed because the plaintiff did not demonstrate a strong case on the merits or sufficient evidence of statutory breach or oppressive conduct; s176 PLA does not govern the decision to sell or timing (only duty arises as at time of sale); factual issues and credibility required fuller factual inquiry and cross-examination; on balance of convenience defendant would suffer substantial prejudice and damages were likely adequate.