unitec acty6320 law of business entities directors powers

Directors Duties ILAC Question

Cite any relevant principles of common law or equity, case law and sections of the Companies Act 1993 in your answer.

You are required to research and read the news reporting AND the documents filed with the Companies Office New Zealand on BELLA VISTA HOMES LIMITED (5379301) In Liquidation


Based on your research on Bella Vista, please advise the liquidators whether Danny Cancian (director of Bella Vista) breached any of the directors duties under the Companies Act 1993 during the lifetime of the company.

Use the ILAC approach in answering this question. Marks will be allocated as follows:

Cite any relevant principles of common law or equity, case law and sections of the Companies Act 1993 in your answer.

Question 2
Decision-making in Companies & procedural requirements Short Answer Questions

2.1 Explain the requirements and process for calling a shareholders meeting

2.2 Explain the requirements and process for calling a Board meeting

2.3 Describe briefly the directors powers in managing a limited liability company.
2.4 Explain the composition requirements for the board of the company in section 128(1)

2.5 Based on the newspaper reporting, it appears there were a fall out between Danny John Cancian and Daniel Richard DeMartin and there was a buy-out of Daniel Richard DeMartins shares. Instead of a buy-out of Daniel Richard DeMartins shares at a cost of approximately $1.5 million, what legal alternatives are available if there is a fall out between the shareholders? [4.0 marks]

Question 3

Daniel Richard DeMartin has resigned as a director on 14th June 2016.

3.1 Please prepare a resignation letter he should use to tender his resignation.

3.2 Explain the requirements Daniel Richard DeMartin must fulfil for the resignation to be effective.

Read less

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more