MLC incorporations english
The Māori Land Court may direct that a special meeting of shareholders be held.
The Māori Land Court may direct that a special meeting of shareholders be held.
The Māori Land Court may direct that a special meeting of shareholders be held.
Documents/Guides-Templates-Factsheets/MLC-incorporations-english.pdf (856 kb)
MORTGAGING MĀORI LAND Māori incorporations can mortgage Māori land unless the MLC has ordered otherwise or the shareholders have passed a resolution that the land cannot be mortgaged.
Documents/Guides-Templates-Factsheets/MOJ0217.8E-SEP21-Maori-Incorporations-Factsheet.pdf (370 kb)
The most pressing problem is in relation to individual shareholdings and participation of shareholders in the management of their land.
Shareholding a partition is normally based on valuation, not on the land area.
Shareholding a partition is normally based on valuation, not on the land area.
Documents/Guides-Templates-Factsheets/MLC-title-improvement-english.pdf (385 kb)
SHAREHOLDING A partition is normally based on valuation, not on land area.
Documents/Guides-Templates-Factsheets/MOJ0217.5E-OCT21-Title-Improvement.pdf (357 kb)
Recording dividends There is a new requirement on incorporations to record the details of dividends paid to shareholders. The record will include the name of each shareholder who received a dividend, the amount paid to the shareholder and the date of each payment.
Documents/Guides-Templates-Factsheets/Factsheet-Legislative-changes-affecting-incorporations-web-version.pdf (63 kb)
Shareholders in the aggregated list will become shareholders in all land blocks included in the aggregation, so the value of shares in each pre-aggregated block is important.
They should always lead to recusal if the shareholding is large or if the value of the shareholding would be affected by the outcome of the litigation.
Documents/Guides-Templates-Factsheets/Maori-Land-Court-Recusal-Guidelines.pdf (226 kb)