3 Jul 2017
TEECE v KUWAIT FINANCE HOUSE (BAHRAIN) BSC [2017] NZHC 1518
- Citation
- [2017] NZHC 1518
- Court
- High Court
The Court ordered further and better answers to specified interrogatories where existing answers were ambiguous, evasive or too general and where the information was relevant to alleged oppressive conduct; the Court declined to compel KFH to obtain records from Canterbury's agents (distinguishing Henwood) and declined an order on one question rendered unnecessary by a discovered email; answers were ordered within 10 working days and costs were awarded to the plaintiff.
- Oppression under s 174 companies act 1993
- Fiduciary duty and agency/partnership allegations
- Interrogatories and discovery (high court rules r8.38–r8.39)
- Validity of convertible note / s 40 companies act 1993
- Majority shareholder conduct