Court of Appeal Wellington
8 October; 19 December 1980
Cooke, Richardson and McMullin JJ
8 October; 19 December 1980
Cooke, Richardson and McMullin JJ
Company law — Validity of acts of directors — Director of two-person company adjudged bankrupt — The other director called a one-man meeting of shareholders and "appointed" a new director with whose help he purported to remove the bankrupt shareholder as a director — Bankrupt director not notified of meeting or proposal to remove him — Whether acts of new director saved by s 183 of the Companies Act 1955 - Whether failure to give notice invalidated the steps taken to remove bankrupt director.
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