29 Jun 2020
BODY CORPORATE 210720 v ASB BANK LTD [2020] NZHC 1478
- Citation
- [2020] NZHC 1478
- Court
- High Court
The proposed scheme met statutory and precedential requirements except for demonstrable broad support; accordingly the Court approved the scheme conditionally to require dissemination of further information to owners and an extraordinary general meeting where the scheme must receive the required majority to take effect.