Wickliffe v Pearce - Paengaroa North B4B and K Aggregated (2005) 289 Rotorua MB 236 (289 ROT 236) [pdf, 5.9 MB]
...20 November 1999 the beneficial owners at a general meeting agreed to the creation of a limited liability company for the purpose of a new venture in composting. Five resolutions were passed at the hui in support of the proposal, including the key statement in terms of authority to proceed, resolution I: "The owners flllly support the trustees developing on the Trust land a composting operation in sllch manner and on slIch terms as the tl'llstees think fit." The Company was...