Section 225 — Companies Act 1993: Effect of certificate of amalgamation

225 Effect of certificate of amalgamation On the date shown in a certificate of amalgamation,— (a) The amalgamation is effective; and (b) If it is the same as a name of one of the amalgamating companies, the amalgamated company has the name specified in the amalgamation proposal; and (c) The Registrar must remove the amalgamating companies, other than the amalgamated company, from the New Zealand register; and (d) The amalgamated company succeeds to all the property, rights, powers, and privileges of each of the amalgamating companies; and (e) The amalgamated company succeeds to all the liabilities and obligations of each of the amalgamating companies; and (f) Proceedings pending by, or against, an amalgamating company may be continued by, or against, the amalgamated company; and (g) A conviction, ruling, order, or judgment in favour of, or against, an amalgamating company may be enforced by, or against, the amalgamated company; and (h) Any provisions of the amalgamation proposal that provide for the conversion of shares or rights of shareholders in the amalgamating companies have effect according to their tenor.