Where one or more of the trustees are unable or refuse to sign the mortgage documents,
the remaining trustees can apply to the Court:
(a) To seek directions;
(b) To remove any trustees who have passed away or resigned;
(c) To remove a trustee for cause for refusing to implement the majority decision;
or
(d) To approve the mortgage documents being signed by a majority of trustees
only per s 227(3) and 237 of the Act.
7.
HOW TO FILE AND COMPLETE THIS APPLICATIONFORM
(i)
(ii)
(iii)
(iv)
(v)
This form must be filed at the office of the Court at
Christchurch;
Please ensure that all information required on the
form is completed;
Where possible, please supply the names and
contact details of the successors that listed in this
form;
Due to the nature of these applications, and in terms
of the Court’s inquiry under section 29...
Step 8
Once the status says Completed, click on the report’s reference number in the Task ID column.
Step 7
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Step 8
Once the status says Completed, click on the report’s reference number in the Task ID column.
Step 7
You can click the “Refresh” button to see the current status.