2 Jun 2016
OFFICIAL ASSIGNEE IN BANKRUPTCY OF THE PROPERTY OF DAVID HUGH BARRIE MCHAFFIE v REGISTRAR OF COMPANIES [2016] NZHC 1176
- Citation
- [2016] NZHC 1176
- Court
- High Court
The court restored Ben Cruachan Limited to the Register and ordered its immediate liquidation because the company lacked a qualifying director contrary to s10 (justifying appointment of liquidators under s241(4)(c)) and because shareholder deadlock made winding up just and equitable under s241(4)(d); restoration was ordered without requiring the completion of the annual return as liquidators will administer the company, and indemnity costs were awarded to the plaintiff.