Section 77 — District Court Act 2016: Jurisdiction in relation to partnerships

77 Jurisdiction in relation to partnerships (1) The court has jurisdiction to hear and determine any proceeding for the dissolution or winding up of any partnership (whether or not the existence of the partnership is in dispute) if the total assets of the partnership do not exceed $350,000 in amount or value. (2) No proceeding in the court for the dissolution or winding up of a partnership, nor any order made in the proceeding, prevents a creditor from applying for the adjudication of a member of the partnership as a bankrupt. Compare: 1947 No 16 s 34(1)(b), (3)