More to this Life Ltd v Arcadia Homes Ltd (in liquidation) - [2014] 2 NZLR 339

Company law — Directors — Whether person agreeing to be director is director or de jure director — Circumstances in which nominator or shadow directors treated as directors — Companies Act 1993, s 126.

Property law — Sale and purchase — Whether directors’ approval condition a condition precedent or subsequent — Whether directors’ approval condition valid when only one director — Whether director’s act of entering agreement on behalf of company amounts to approval of agreement — Steps needed to be taken when relying on directors’ approval condition.