Registrar states case on appeal
PA Wellington An appeal by the Registrar of Companies in respect of a prosecution against Securitibank, Ltd (in liquidation) was heard by Mr Justice Ongley in the Supreme Court at Wellington yesterday. Decision was reserved. In 1977, the company was convicted in the Magistrate’s Court on six charges of breaches of section 48(B) of the Companies Act relating to the issue of prospectuses. The Court then held that brochures issued by the company were prospectuses within the meaning of the act, but that an advertisement in the “Dominion,” and circulars sent in response to that advertisement, were not in breach of the act. Six charges in respect of that were dismissed. The present appeal, by way of a case stated, is against that dismissal. The Court is being asked to decide whether the Documents sent in response to the newspaper advertisement could be taken into account in determining whether the advertisement was a prospectus within the meaning of the act, and, if so, did the newspaper advertisement amount to a prospectus.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/CHP19790412.2.25
Bibliographic details
Ngā taipitopito pukapuka
Press, 12 April 1979, Page 3
Word count
Tapeke kupu
176Registrar states case on appeal Press, 12 April 1979, Page 3
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
Ngā mihi
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in