In re National Portland Cement Company Ltd - [1930] NZLR 564

Company — Winding up — Petition on Grounds of Failure to commence Business within One Year of Incorporation and that it is "just and equitable" that the Company be wound up — Delay of Five Years in commencing Business — Apparent Majority of Shareholders desirous of commencing Business not in Accordance with Main Object but Subsidiary Object — Substratum of Company gone — Order made for Compulsory Winding-up — Companies Act, 1908, s 177.