If the problems cannot be resolved, the landowners
can apply to the Māori Land Court to:
• review the terms, operation, or other aspect of the trust
• add, replace, or remove trustees
• investigate the trust
• enforce the terms of the trust
• vary the terms of the trust
• terminate the trust.
An application to the Māori Land Court needs to be filed
on the relevant application form and accompanied by the
application fee, which is shown on the form.
If the problems cannot be resolved, the landowners
can apply to the Māori Land Court to:
• review the terms, operation, or other aspect of the trust
• add, replace, or remove trustees
• investigate the trust
• enforce the terms of the trust
• vary the terms of the trust
• terminate the trust.
An application to the Māori Land Court needs to be filed
on the relevant application form and accompanied by the
application fee, which is shown on the form.
These powers will only be exercised in extreme cases where a judge is satisfied that it’s necessary. 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...
Similarly, many
will hold shares in publicly listed companies. Generally, these interests will be such that
they are unlikely to be affected by a particular piece of litigation and they are commonly
disregarded.
Ngā Pānui Mai i Te Whakamāene – Special Applications
The earlier part of the reporting year saw a team focus on progressing new applications to
Court in a timely fashion in conjunction with progressing our oldest on hand applications (being
those applications on the team filed in 2013 or earlier).
