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High Court Wellington
5 October; 15 October 1920
Salmond J
5 October; 15 October 1920
Salmond J
Company Law — Petition for Reduction of Capital — Issue of Debentures to Shareholders in Lieu of Shares cancelled — Whether such Action would leave Company solvent — Identification of Shares to be cancelled — Companies Act, 1908, ss 44, 47.