Holt v Holt - [1987] 1 NZLR 85

Valuers and valuations — Matrimonial property — Valuation of shares in a private family farming company — Capital of company $1000 — Husband's single $1 share carried control of company in which 999 B shares held by trust for children — High Court Judge assessed the value of the control represented by the A share at less than one quarter of the value of the company's net asset backing — Whether Judge's valuation should be disturbed on appeal — General principles of valuation discussed.

Matrimonial property — Life insurance policy on husband's life — Surrender value — Whether it should be vested in husband and wife as tenants in common in equal shares or whether half surrender value should be paid by husband over to the wife.

Matrimonial property — Advance by husband to wife out of separate property after separation — Whether wife should be ordered to repay advance in full.