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Official Assignee of Romco Corporation Ltd (In Liquidation) v Walker - [1995] 1 NZLR 652

$30.00

Court of Appeal Wellington
13 October; 21 December 1994
Hardie Boys, Gault and Tompkins JJ
Company law — Liquidation — Shareholders — Unpaid shares — Agreement by respondent to pay for shares by transferring shares in another company — Whether respondent properly included on certified list of contributories — Whether use of shares in other company to guarantee borrowings by director of the company amounted to performance of the contract to purchase — Whether company complied with Companies Act 1955, s 361 — Effect of company's failure to comply with Companies Act 1955, s 60 — Companies Act 1955, ss 60, 211, 212, 213, 312 and 361 — Companies (Winding up) Rules 1956 (SR 1956/215).

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