Groves v TSSN Ltd (in liquidation) - [2013] 1 NZLR 111

Company law — Directors — Directors of phoenix companies — Whether permission be granted — Whether suitable to be a director — Whether exemption would have been granted — Whether permission would have been granted if application made at outset — Whether adverse consequences for company if permission not granted — “Failed company” — “Phoenix company” — Companies Act 1993, ss 373, 383 and 386.

Company law — Managers — Managers of phoenix companies — Whether permission be granted — Whether adverse consequences for company if permission not granted — “Failed company” — “Phoenix company” — Companies Act 1993, ss 373, 383 and 386.