July 2016

In an update to my February note on the FMA’s prosecution of the directors of Apple Fields under the Financial Reporting Act 1993 for failing to deliver financial statements and an auditor’s report to the Registrar of Companies for the financial years ending 2011, 2012 and 2013 – leave to appeal has been granted by […]

The recent Supreme Court decision in Ririnui has triggered some debate about the efficacy of the earlier principle that the informal unanimous assent of shareholders binds the company. There are a number of difficulties with citing the decision as authority on the matters that lie at the heart of this article – because the broad