Questions and answers about Corporate Law
Do I need a lawyer for a non-disclosure agreement with a potential investor? 1 answer
1 answerA potential investor has asked me to sign a non-disclosure agreement before I show my business plan, and separately I want them to sign one before I share more. I am not sure whether NDAs are actually enforceable or how strong they are. What should I look out for?
I own shares in a family company and want to transfer some to my sister. The constitution seems to say something about the board approving transfers. Can the company refuse, and what paperwork is needed to complete the transfer properly?
My co-director is rarely available, misses meetings and is not contributing, but is also a shareholder. I would like to remove them from the board. What is the process and do I need their agreement? I have never dealt with anything like this before and would like to understand my options clearly.
We received a statutory demand for a debt we believe is disputed, and it says we have a short time to pay or face liquidation. I have never dealt with one before and I am panicking. What does a statutory demand mean and what can we do?
I recently became a director of a family-run company and did not realise it came with legal obligations of its own. Nobody explained what I am personally responsible for. What are the main duties of a director in New Zealand, and can I be held personally liable?
A supplier says we agreed to buy stock for the year based on email exchanges and a verbal chat with our manager. We never signed anything formal. They are now claiming a large sum for goods we did not take. Can a contract exist without a signed document?
We are about to buy a small cafe business and the seller wants a quick deal. The financials look reasonable but we have limited experience of acquisitions. What legal due diligence should we do, and what should the sale agreement protect us against?
What are the annual compliance obligations for a New Zealand company? 1 answer
1 answerI formed a small company last year and am a bit confused about what I must do every year. My accountant handles tax, but I am not sure about company law obligations. What are the ongoing requirements to keep the company in good standing?
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