8.2 Board’s right to refuse registration of transfer 8.2.1 The Board may, within 30 Working Days of the receipt of a transfer of shares, refuse or delay the registration of the transfer if the Board considers that it is not in the best interests of the Company to register the transfer. [...] 8.2.2 A resolution of the Board to refuse or delay a transfer of shares must set out in full the reason for doing so, and a copy of the resolution must be sent to the transferor and transferee within five Working Days of the date of the resolution being passed. [...] 8.5 Registration of Transfer Subject to clause 8.3, on receipt of a duly completed form of transfer the Company must enter the name of the transferee on the Share Register as holder of the shares unless the Board has resolved in accordance with clause 8.2 to refuse or delay the transfer of the shares. [...] 15.2 The Director who is interested in the transaction referred to at clause may not: 15.2.1 Vote on a matter relating to the transaction; or 15.2.2 Sign a document relating to the transaction on behalf of the Company; however that Director may, subject to the consent of the other Directors, attend or continue attendance at a meeting of the Directors at which a matter relating to the transaction i. [...] 18.0 LIQUIDATION 18.1 Distribution of Surplus Assets Subject to the terms of issue of any shares, on the liquidation of the Company, any assets of the Company remaining after payment of the debts and liabilities of the Company and the costs of liquidation shall be distributed to the Shareholders in proportion to their shareholding.
- Pages
- 159
- Published in
- New Zealand
