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StatuteCompanies Act 1993

Section 185 — Companies Act 1993: Breach of pre-incorporation contract

Text of the provision Official document

185 Breach of pre-incorporation contract In proceedings against a company for breach of a pre-incorporation contract which has been ratified by the company, the Court may, on the application of the company, any other party to the proceedings, or of its own motion, make such order for the payment of damages or other relief as the Court considers just and equitable, in addition to or in substitution for any order which may be made against the company, against a person by whom the contract was made. Compare: 1955 No 63 s 42A(7); 1983 No 53 s 15

Official source: legislation.govt.nz

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