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Supreme Court of New Zealand Wellington
[2005] NZSC 19
22, 27 April 2005
Elias CJ and Tipping J
[2005] NZSC 19
22, 27 April 2005
Elias CJ and Tipping J
Company law — Constitution — Interpretation of provisions — Whether preemptive rights triggered by transfer from one trustee to another — Commercial approach to interpretation of constitution — Companies Act 1993, s 31.
Company law — Shares — Transfer of shares to new trustee — No change in beneficial ownership — Whether preemptive rights triggered by notice of transfer.