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Companies Act 1993

Liquidations - The process of liquidation

249: Completion of liquidation

You could also call this:

“How to officially end a company's liquidation process”

When someone finishes liquidating a company, there are two ways to officially complete the process. The first way is to follow the rules in section 257(1)(b) of the Companies Act. The second way is to give some special documents to the Registrar. These documents could be a copy of a court order made under section 257(2)(a), or a copy of a court order made under section 257(2)(b) along with any other papers the court asks for. Once you do one of these things, the liquidation is done.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM321698.

Topics:
Business > Industry rules
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“What happens when a company starts liquidation”

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“Court can end the liquidation process if it's fair and justified”

Part 16 Liquidations
The process of liquidation

249Completion of liquidation

  1. The liquidation of a company is completed when the liquidator—

  2. complies with section 257(1)(b); or
    1. delivers to the Registrar for registration—
      1. a copy of any order made by the court under section 257(2)(a); or
        1. a copy of any order made by the court under section 257(2)(b) together with any documents required to comply with the order,—
          2. as the case may be.