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Proprietors of Parininihi Ki Waitotara Block v Viking Mining Co Ltd - [1983] NZLR 405

$30.00

Court of Appeal Wellington
17, 18 November 1982; 8 June 1983
Woodhouse P, Cooke and Ongley JJ
Contract — Mining agreement with Maori Incorporation to mine ironsands — Seal of Incorporation affixed to agreement and agreement signed by a majority of members of Committee of Management — Later a meeting of members of the Incorporation resolved that the agreement should not be adopted — Whether the transaction was a "sale" requiring a resolution of a general meeting of shareholders — Whether agreement had been validly executed so as to bind the Incorporation — Observations on whether or not the indoor management rule applies to activities of a Maori Incorporation — Maori Affairs Amendment Act 1967, ss 42, 48 and 57 — Property Law Act 1952, s 5.

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