Stephen Peter Crow was listed today, 28 May, 2010, on the New Zealand Companies Office Website as a Banned Director and Manager of Companies, effective from 16 April 2010 and ending on 16 April 2014, due to his offences committed under section 385 of the Companies Act 1993. His residential address is listed as are the companies he has directed which were central to his offending. Two are still in liquidation and two have recently been struck off the register following the completion of liquidation proceedings. The disqualification number assigned to Mr Crow is No. 0010025. In clear breach of the banning order he remains sole director of three other companies HWGA Company Ltd, Vixen Publications Ltd and Sidefx Ltd.
Another Porn CVC Group Ltd director quits – Only John Malcolm Carr left
Media insiders are suggesting that the megalomaniacal managerial mantle of “Porn King” of New Zealand may now have migrated from Steve Crow to John Malcolm Carr CPA (see photo links). Why?
John M Carr CPA of CarrConsultingPA
Photo 1: http://www.carr.co.nz/images/jmc.jpg
Photo 2: http://www.bankler.com/AboutUs/JohnMCarr/tabid/130/Default.aspx
Photo 3: https://www.linkedin.com/in/johnmalcolmcarr
Answer: Shirish Daddaram Vagal of Bucklands Beach Auckland has just resigned as director of porn ‘mother company’ CVC Group Ltd. The resignation was registered on the Companies Office website by Steve Crow on 19 May and made effective from 14 May 2010. Steve Crow who resigned as director on 15 May 2010 was served a banning order on Friday night 14 May, preventing him holding a company directorship for four years in Australia and/or New Zealand, issued by the Ministry of Economic Development. These two resignations leave John Malcolm Carr – in the proverbial sense – ‘holding the [porn] baby’ – as he is now the sole director of porn ‘mother company’ CVC Group Ltd and the sole director of hardcore porn company Eden Digital Ltd. (Mr Shirish Vagal and his wife Gulshan Shirish Vagal still own 180,000 shares in CVC Group Ltd).
Steve Crow banned as company director for four years – TV3 News
Wed, 19 May 2010 9:20 p.m. By Jono Hutchison
Kiwi porn businessman Steve Crow has been banned from holding the position of company director for the next four years. He has been served with a notice by the Ministry of Economic Development, but says it’s unfair. Crow is vowing to fight the ban.
“I got served at home on Friday night,” he told Nightline.
“I am banned for four years and it covers not just New Zealand – but New Zealand and Australia.”
The ban is under a section of the Companies Act [s. 385], which is designed to protect the public from directors with a history of unsuccessful ventures. It has been used previously against directors from failed finance companies Five Star Finance and Bridgecorp.
“Personally I don’t believe if I wasn’t Steve Crow and it wasn’t the adult industry, that it would have even raised a flag to anybody.”
Is Porn funding-directorship – a family business worth crowing about?
Stephen (Steve) Peter Crow appointed his brother David Bruce Crow of Inglewood and his sister Leanne Marie Osborn of Fitzroy, New Plymouth, as directors of HWGA Company Ltd – effective 15 May 2010. HWGA Co. Ltd currently owns 705,000 shares (40.38%) in CVC Group Ltd – a porn ‘mother company’ from which Steve Crow resigned as director effective 15 May 2010. Leanne Marie Osborn, who with her husband Larry Charles Osborn, owns 3,000 CVC Group Ltd shares, will now be serving the role of co-director of HWGA Co. Ltd along side her brothers Steve and David – an all the family affair in would appear – helping the shrinking porn industry. (Four porn companies owned by CVC Group Ltd and directed by Steve Crow have recently been placed in liquidation owing unsecured creditors and the IRD hundreds of thousands of dollars).
Steve Crow appoints his brother and sister to direct HWGA Co. Ltd
The major shareholder of porn ‘mother company’ CVC Group Ltd, from which Steve Crow has just resigned as director, is HWGA Co. Ltd which owns 40% of the CVC Group shares. Steve Crow who for the last ten months has been sole director of HWGA Co. Ltd and still remains its director, has today registered with the Companies Office, the appointment of CVC Group shareholder Leanne Marie Osborn. his sister and David Bruce Crow his bother, as two additional directors – effective from 15 May 2010. The Society lodged formal complaints with the Companies Office last year over the attempted appointment of David Crow as a director of HWGA Co. Ltd by Steve Crow and this led to the appointment (lodged as pending on the website) being withdrawn. [Read more…]