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Court of Appeal Wellington
CA 31/04 & 165/04
30 August; 7 October 2004
Glazebrook, Hammond and William Young JJ
CA 31/04 & 165/04
30 August; 7 October 2004
Glazebrook, Hammond and William Young JJ
Company law — Constitution — Interpretation of provisions — Whether pre-emptive 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 pre-emptive rights triggered by notice of transfer.