8 Nov 2023
CHEN v AUCKLAND WEIHAO INVESTMENT LIMITED [2023] NZHC 3134
- Citation
- [2023] NZHC 3134
- Court
- High Court
The court dismissed the joinder, leave to appeal, stay and set aside applications because the pleaded allegations did not disclose any tenable cause of action against the proposed join defendants; statutory breaches relied on (Companies Act s10, AML/CFT and LINZ certification) do not give rise to private causes of action or invalidate the transactions alleged; no arguable error of law or fact was identified to justify leave to appeal or a stay; costs were appropriately awarded against the plaintiff on a 2B basis.