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Companies Act 1993

Liquidations - Duties, rights, and powers of liquidators

279: Liquidator ceases to hold office on completion of liquidation

You could also call this:

“Liquidator's role ends when company liquidation is complete”

When a company’s liquidation is finished, as described in section 249, the liquidator’s job is done. This means they no longer hold their position as liquidator for that company. However, it’s important to know that this rule doesn’t change or limit what section 284 or section 286 say. These other sections might have additional information about when or how a liquidator’s job ends.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM321950.

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Part 16 Liquidations
Duties, rights, and powers of liquidators

279Liquidator ceases to hold office on completion of liquidation

  1. A liquidator ceases to hold office on the completion of the liquidation in accordance with section 249.

  2. Subsection (1) does not limit section 284 or section 286.