19 May 2016
WENDY TAYLOR SAMPSON v REGISTRAR OF COMPANIES [2016] NZHC 1051
- Citation
- [2016] NZHC 1051
- Court
- High Court
The court ordered restoration of the company, reversal of the liquidator's final report and termination of the liquidation because a substantial royalty asset, overlooked at removal, justified restoration under s 329 and the termination criteria were met (liquidator's fees paid, shareholder and known creditor consent, and tax exposure manageable), subject to conditions including filing outstanding returns, tax registration and appointment of a New Zealand resident director.