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StatuteCompanies Act 1993

Section 184 — Companies Act 1993: Failure to ratify

Text of the provision Official document

184 Failure to ratify (1) A party to a pre-incorporation contract that has not been ratified by the company after its incorporation may apply to the Court for an order— (a) Directing the company to return property, whether real or personal, acquired under the contract to that party; or (b) For any other relief in favour of that party relating to that property; or (c) Validating the contract whether in whole or in part. (2) The Court may, if it considers it just and equitable to do so, make any order or grant any relief it thinks fit and may do so whether or not an order has been made under section 183(2) of this Act. Compare: 1955 No 63 s 42A(6); 1983 No 53 s 15

Official source: legislation.govt.nz

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