18 Jul 2018
TGM TRADING LIMITED (IN LIQUIDATION) & ANOR v DREVER [2018] NZHC 1788
- Citation
- [2018] NZHC 1788
- Court
- High Court
The sole director, Aaron Carl Drever, failed to keep adequate accounting records, intermingled funds and caused substantial uncertainty and impediment to the winding up; accordingly, under s 300 the Court declared him personally liable for the company's debts, inclusive of net liquidator's costs, in the sum of $489,729.34.