New Zealand Case Law: Decisions & Judgments | LexChat

Topic

S 266 companies act 1993

Legal area

Court

6 Sept 2019

THE COMMISSIONER OF INLAND REVENUE v LIVINGSPACE PROPERTIES LIMITED[2019] NZHC 2213

Citation

(2019) 25 PRNZ 124
Court

High Court

The Court refused to join the additional parties as formal parties but granted them rights of audience and service in relation to the liquidator's renewed disclosure application; recorded the liquidator's undertaking to refrain from enforcement steps pending resolution so no formal stay was required; found FTG Securities had not established creditor status for leave under s 284(1); and held the Court retains inherent jurisdiction to entertain leave applications by persons outside s 284(1) but such leave must be sought and will be granted only where threshold criteria akin to s 284 are met (fi…
16 Oct 2015

GRANT & KHOV v POPE [2015] NZHC 2551

Citation

[2015] NZHC 2551
Court

High Court

The liquidators gave adequate written notice to Mr Pope (inferred from his emails), the s 266 application was necessary to secure his compliance and was reasonably necessary given his former director status, therefore liquidators are entitled to costs against Mr Pope on a 2B basis reduced to interlocutory levels; by contrast there is insufficient evidence that Ms Greenfield received prior notices or that her interview was justified, so no costs or expenses awarded against her.