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Mainzeal Supreme Court decision – updated Company Law commentary

Content updates

The Supreme Court’s decision in Yan v Mainzeal Property and Construction Ltd (in liq) [2023] NZSC 113 has important comment on the duties of directors when a company trades while insolvent.

The commentary to s 301 of the Companies Act (power of Court to require persons to repay money or return property) has been substantially revised and rewritten: [CA301.01]–[CA301.09]. See further comment at:

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