Grant v Commissioner of Inland Revenue - [2012] 1 NZLR 235

Company law — Voluntary administration — Deed of company arrangement — Resolution for execution of deed of company arrangement — Casting vote — Numerical majority in favour of resolution — Whether administrator had casting vote — Companies Act 1993, s 239AK(2).

Company law — Voluntary administration — Creditor owed largely preferential debt — Deed of company arrangement failing to take into account creditor’s preferential position on liquidation — Whether deed of company arrangement oppressive or unfairly prejudicial — Companies Act 1993, s 239ADD(2).