Section 239AC — Companies Act 1993: Effect on liquidation

239AC Effect on liquidation (1) The appointment of an administrator to a company in liquidation suspends the liquidation, including the powers of the liquidator to act on the company's behalf, but does not remove the liquidator from office. (2) The liquidator may apply to the Court for any orders that may be necessary in relation to the suspension of the liquidation. (3) In this section, liquidator includes a liquidator or interim liquidator appointed before the administration began. Section 239AC: inserted, on 1 November 2007, by section 6 of the Companies Amendment Act 2006 (2006 No 56).