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StatuteCompanies Act 1993

Section 241A — Companies Act 1993: Commencement of liquidation to be recorded

Text of the provision Official document

241A Commencement of liquidation to be recorded (1) If— (a) A liquidator is appointed under section 241(2)(a) , the shareholders must record in the special resolution appointing the liquidator the date on which, and the time at which, the special resolution was passed; or (b) A liquidator is appointed under section 241(2)(b) , the board of the company must record in the instrument appointing the liquidator the date on which, and the time at which, the liquidator was appointed; or (c) A liquidator is appointed under section 241(2)(c) , the Court must record in the order appointing the liquidator the date on which, and the time at which, the order was made. (d) a liquidator is appointed under section 241(2)(d) , the creditors must record in the resolution appointing the liquidator the date on which, and the time at which, the resolution was passed. (2) If any question arises as to whether on the date on which a liquidator was appointed an act was done or a transaction was entered into or effected before or after the time at which the liquidator was appointed, that act or transaction is, in the absence of proof to the contrary, deemed to have been done or entered into or effected, as the case may be, after that time. Section 241A was inserted, as from 26 April 1999, by section 4 Companies Amendment Act 1999 (1999 No 19). Section 241A(1)(d): added, on 1 November 2007, by section 8 of the Companies Amendment Act 2006 (2006 No 56).

Official source: legislation.govt.nz

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Statutory text from an official public source. Informational content — does not replace advice from a qualified lawyer.