Court of Appeal Wellington
22 August 1984
Cooke, McMullin and Greig JJ
22 August 1984
Cooke, McMullin and Greig JJ
Company law — Shares — Pre-emptive rights of members to purchase shares — Shareholders had given company valid notice of their desire to transfer their shares — Company failed to comply with the procedure laid down in the articles as to offers to members — Whether existing shareholder was entitled to an injunction to restrain the transfer of shares to an outsider.
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