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StatuteCompanies Act 1993

Section 239ADU — Companies Act 1993: Court's power when office of administrator or deed administrator vacant, etc

Text of the provision Official document

239ADU Court's power when office of administrator or deed administrator vacant, etc (1) The Court may make any order it thinks just if it is satisfied that,— (a) in the case of a company in administration, the office of the administrator is vacant or no administrator is acting; or (b) in the case of a deed of company arrangement that is still in force, the office of the deed administrator is vacant or no deed administrator is acting. (2) An application for an order under this section may be made by— (a) a creditor or shareholder of the company; or (b) if the company is in liquidation, the liquidator; or (c) the Registrar. Compare: Corporations Act 2001 (Australia) s 447E(2) Section 239ADU: inserted, on 1 November 2007, by section 6 of the Companies Amendment Act 2006 (2006 No 56).

Official source: legislation.govt.nz

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