Standard Insurance Company Limited (in Liquidation) v Sidey - [1967] NZLR 86

Executors and administrators — Liability of representatives — Estate holding shares in company subject to liability for uncalled capital — Executor transferring some of such shares to beneficiaries, selling others and distributing dividends without making provision for such liability — Under what circumstances and to what extent personally liable for calls on such shares — Circumstances under which relief to be granted from such liability — Trustee Act 1956, s. 73.