Incorporated Societies Act 2022

Removal from register, amalgamation, liquidation, and other processes - Liquidation - High Court may put society into liquidation

212: Application to court to appoint liquidator

You could also call this:

"Asking the court to close down a society by appointing a liquidator"

Illustration for Incorporated Societies Act 2022

You can apply to the High Court to appoint a liquidator for a society. You might make this application if you are the society itself, a member of the society, a creditor of the society, or the Registrar. The Registrar is a person who keeps track of important information about societies. If the Registrar makes an application, they can charge the society for the costs. These costs are paid first from the society's assets, unless the court decides otherwise. This means the society's assets are used to pay the Registrar's costs before anything else.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS101107.

This page was last updated on View changes


Previous

211: Limit on liquidation where society has fewer than 10 members, or

"What happens if a society has fewer than 10 members and might be closed down?"


Next

213: Application of Companies Act 1993 where High Court puts society into liquidation, or

"What happens when a court closes down a society and some company rules apply"

Part 5Removal from register, amalgamation, liquidation, and other processes
Liquidation: High Court may put society into liquidation

212Application to court to appoint liquidator

  1. An application to the High Court for the appointment of a liquidator of a society must be made by—

  2. the society; or
    1. a member; or
      1. a creditor; or
        1. the Registrar.
          1. All costs incurred by the Registrar in making an application must be a first charge on the assets of the society (unless the court orders otherwise).