In your application, you’ll need to provide:
evidence that those persons holding at least 10% of the shares in the incorporation seek an investigation or
evidence that a special resolution was passed at a general meeting of the shareholders seeking an investigation
the grounds upon which an investigation is sought, and
any matters that should be brought to the immediate attention of a judge.
SECTION
APPLICANT
SUBJECT
SP1 10:20 AM AP-20240000007694 135/93 Round Corner
Limited
Lot 3 deposited Plan
20707 and Lot 5 Deposited
Plan 20707 – Change from
Māori free hold land to
General land
AOTEA PĀNUI
SECTION
APPLICANT
SUBJECT
SP1 10:20 AM AP-20240000007694 135/93 Round Corner
Limited
Lot 3 deposited Plan
20707 and Lot 5 Deposited
Plan 20707 – Change from
Māori free hold land to
General land
AOTEA PĀNUI
The trustee can also be removed if they:
repeatedly refuses or fail to act as trustee
become an undischarged bankrupt
are a corporate trustee that is subject to an insolvency event, or
are no longer suitable to hold office as trustee because of their conduct or circumstances.
Occupation orders can
now be granted not only to the landowner or any person
entitled to succeed to their interest, but also to beneficiaries
of the whānau trust that holds a beneficial interest in the
land. Where that land is vested in a trust or an incorporation,
such an order will only be made with the consent of the trust
or management committee, and may be made for a specified
period.
However, if the trustee or other administrator does not hold up-to-date contact details, all or some of their
services may not be able to be received.
1.
Legislative changes affecting trusts
Effective from Waitangi Day, 6 February 2021
Updated provisions for removing a trustee
The Act now allows for the Māori Land Court to remove a
trustee if it is satisfied that they have lost the capacity to
perform their functions as a trustee, or that their removal is
desirable for the proper execution of the trust (for example
because they repeatedly refuse or fail to act as a trustee, they
become an undischarged bankrupt, or they are no longer
suitab...