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Limited Partnerships Act 2008
General
Terminating events, liquidation, and deregistration
94: Actions stayed on liquidation

Part 1:
Preliminary provisions

3Purpose of Act 4Interpretation 5Act binds the Crown

Part 2:
General

Part 3:
Overseas limited partnerships

104Overseas limited partnership must register 105Meaning of carrying on business 106Validity of transactions not affected 107Application for registration 108Registration of overseas limited partnership 109Use of name by overseas limited partnership 110Notification of changes relating to overseas limited partnership 111Rectification or correction of name or address of person authorised to accept service 112Annual return of overseas limited partnership 113Overseas limited partnership ceasing to carry on business in New Zealand 114Liquidation of overseas limited partnership

Part 4:
Miscellaneous

115Confidentiality of limited partner information 116Regulations 116AValidation of fees used to recover costs of other Companies Office registers, etc 117Part 2 of Partnership Act 1908 repealed 118Orders revoked 119Companies Act 1993 amended 120Privacy Act 1993 amended 121Other consequential amendments 122Transitional provision for special partnerships

Schedule 1:
Activities that do not constitute taking part in management of limited partnership

Schedule 2:
Information to be contained in annual return

Limited Partnerships Act 2008

General - Terminating events, liquidation, and deregistration

94: Actions stayed on liquidation

You could also call this:

"Stopping court cases when a limited partnership is being wound up"

Illustration for Limited Partnerships Act 2008

When a court chooses a liquidator for a limited partnership, you cannot start or keep going with a court case against certain people because of a debt the limited partnership owes, unless the court says you can. The court can also set conditions for this. This rule applies to people mentioned in section 93.

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This page was last updated on 30 August 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1139258.

Topics:

Business > Industry rulesCrime and justice > Courts and legal help

93: Power of liquidator to enforce liabilities, or

"The liquidator can make you pay debts you owe when a limited partnership is closing down."

95: Distribution of surplus assets on liquidation, or

"What happens to leftover assets when a limited partnership ends"

Part 2General
Terminating events, liquidation, and deregistration

94Actions stayed on liquidation

Where the Court appoints a liquidator of a limited partnership, an action or proceeding must not be commenced or continued against any person referred to in section 93 in respect of any debt of the limited partnership, except with the leave of the Court, and subject to such terms as the Court may impose.

Compare

s 17E