Company Directors Archives - Page 2 of 2

A Warning for Directors to Exercise Caution

Ravensdown Fertiliser Co-Operative v Eveleigh (HC, 4/4/2012) issues a warning for company directors to be cautious when required to sign an application to extend a credit facility. R claimed it had a personal guarantee from both M and D Eveleigh for outstanding debts owed by them to R. M and D signed the extended credit [...]

The Companies and Limited Partnerships Amendment Bill

On 13 October 2011, Simon Power introduced the Companies and Limited Partnerships Amendment Bill (the Bill) which proposes to change the legislative framework around the operation and penalties of companies, company directors and limited partnerships. Power explained in a press release that the Bill aims to uphold New Zealand’s international reputation for being one of [...]

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