Some of the country’s Internet Service Providers (ISPs) have begun blocking around 7,000 websites and these websites are all on a secret Government blacklist (Video link below).
The Deputy Registrar of Companies on banned company directors
The Deputy Registrar of Companies, Peter Barker, issued a media release on 19 May 2010 (InfoNews) noting:
The Registrar of Companies has the power under section 385 of the Companies Act 1993 to prohibit persons from being a director, or involved in the management of companies. The power can apply to any person who has been a director, or involved in the management of, a failed company or companies within the previous 5 years. Where a person has been identified as a candidate for prohibition on the basis of multiple failed companies the onus is on that person to satisfy the Registrar that their management of the affairs of those companies was not at least partly responsible for their demise, or that prohibition would not be just or equitable .
Prohibition: The maximum term of prohibition under Section 385(3) of the Companies Act 1993 is five years. The prohibition prevents those concerned from acting as directors or promoters of a company, or being concerned in, or taking part, whether directly or indirectly, in the management of a company.
Penalty: Failure to comply with the notice of prohibition is an offence and persons are liable upon conviction to a penalty of up to 5 years imprisonment or a fine not exceeding $200,000.
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).