12 Dec 2016
MANI v REGISTRAR OF COMPANIES [2016] NZHC 3002
- Citation
- [2016] NZHC 3002
- Court
- High Court
The Registrar's prohibition was quashed because the evidence before the Registrar was insufficiently particularised and lacking necessary context to satisfy the statutory requirement that he be satisfied the appellant was a de facto director or had contributed to mismanagement leading to insolvency; although the appellant was properly found to have been concerned in or to have taken part in management, the Registrar failed to identify the appellant's specific role in the mismanagement and therefore could not properly exercise the discretion to disqualify.