Colonial Mutual Life Assurance Society Ltd v Wilson Neill Ltd (No 2) - [1993] 2 NZLR 657

Practice and procedure — Parties — Allegations of insider trading of shares — Barrister's opinion obtained — Proceedings under the Securities Amendment Act 1988 - Application to bring proceedings against holders in the name of the public issuer — Whether complainant shareholders should instigate the statutory cause of action against persons allegedly engaging in insider trading — Construction of s 9 (liability for tipping) of the Securities Amendment Act 1988 - Securities Amendment Act 1988, ss 2, 7, 9, 17 and 18.