Bennett v Proprietors of the Waipiro A22B3 Incorporation (2014) 39 Tairawhiti MB 257 (39 TRW 257) [pdf, 257 KB]
...39 Tairawhiti MB 271 present during the 2012 and 2013 AGM’s of the Waipiro A22B3 Incorporation, were entitled to regulate the procedure of those meetings, subject to their constitution. [54] Unfortunately, that constitution does not permit the dissolution of a COM by declaration. Thus the Chair of the 2013 AGM had no right to move a motion dissolving the COM of 2012 and the shareholders had no right to vote on such an outcome. But all of this is rather academic because at...