The lawbreaking by the directors of Cornwall Court Limited continues.
The directors have failed to produce an annual report or to send a copy to shareholders.
These failures constitute breaches of sections 208 and 209 of the Companies Act 1993.
The total maximum penalties prescribed by the Companies Act 1993 is a fine of $20,000 for every director.
The lawbreaking illustrates the directors' contempt for shareholders and continues the directors' pattern of willful and persistent lawbreaking.
The directors of Cornwall Court Limited are
- Mr C A Fenton