3 Feb 2011
ALLIED FARMERS INVESTMENTS LIMITED V FIVE MILE HOLDINGS LIMITED (IN RECEIVERSHIP) HC CHCH CIV 2010 409 522
- Citation
- openlaw-c3ce6f02_b77b_48b2_aa09_b8ba3388e589.pdf
- Court
- High Court
Property Ventures was held properly represented because Dr de Roos remained a director despite receivership and had effectively provided for an alternate (Ian Hyndman) and instructed solicitors; Five Mile was held not properly represented because its sole director was disqualified by bankruptcy, there was no evidence of a valid prior delegation of director powers and the receivers of Property Ventures had refused to appoint a new director for Five Mile, so Five Mile's pleadings and documents must not be read until further order.