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High Court Wellington
CL 19/01
23, 24, 25, 26, 27 September; 16, 29, 30 October; 4 November; 18 December 2002
Heath J
CL 19/01
23, 24, 25, 26, 27 September; 16, 29, 30 October; 4 November; 18 December 2002
Heath J
Company law — Shares — Transfer of shares pursuant to condition of issue — Method of valuation of shares — Jurisdiction to review valuation by independent valuer — Whether discount to be applied to minority interest.
Contract — Interpretation — Meaning to be given to words used by parties — Jurisdiction to review valuation undertaken by third party pursuant to contractual instructions.
Equity — Equitable remedies — Purchaser in possession of asset but part of purchase price unpaid — Liability for interest — Date of commencement — Rate of interest — Judicature Act 1908, s 87.