Neville Fong and June Chong v Christopher Shane Wong and Angela Kim Fong - SC 75/2010

Summary

Civil Appeal – Whether the Court of Appeal erred in apply s 149 of the Companies Act 1993 to a transaction between persons who are not directors as defined by s 126 of that Act; whether the Court of Appeal erred in its interpretation of “fair value”  in s 149.[2010]  NZCA 301   16 July  2010

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Additional Information

Application for leave to appeal dimissed with costs of $2,500 to the respondents.

28 September 2010