Singh v Patel - [2020] 3 NZLR 684

Tort — Conversion — Whether tort of conversion extends to intangible assets such as shares — Plaintiff was holder of shares in a company where purchase was funded through bank loans — Whether transfer of plaintiff’s shares to another shareholder, without plaintiff’s knowledge, act of conversion — Transfer of shares removed control of the shares from plaintiff — Whether damages to be assessed at time of conversion or subsequently on failure of the business — Companies Act 1993 ss 35, 84 and 87.