Part 10 — Dissolution Division 1 Cancellation of Incorporation
240 Liquidators Appointment, remuneration, title, etc., of liquidators
up a company and performing the duties in reference thereto that
the Court may impose, the Court may appoint a liquidator or
liquidators.
(2) The Court may at any time after an application for winding-up
is made, and before the appointment of a liquidator or liquidators,
appoint any fit person as a provisional liquidator, and may limit
and restrict the person's powers by the order appointing the person.
RSA 2000
(3) No liquidator or provisional liquidator is capable of acting as
such until he or she has filed with the Registrar a notice of his or
her appointment, and given the security in the amount that the
Court may direct.
(4) Repealed 2020 c25 s2(100).
(5) If more than one liquidator is appointed by the Court, the Court
may declare whether any act by this Act required or authorized to
be done by the liquidator is to be done by all or any one or more of
the persons appointed.
(6) A liquidator appointed by the Court may resign or, on cause
shown, be removed by the Court.
(7) Repealed 2020 c25 s2(100).
(8) The Court may order that the liquidator receive a salary or
remuneration by way of percentage or otherwise, and if more than
one person is appointed liquidator, may order that the remuneration
be distributed among them in the proportions the Court directs.
(9) Repealed 2020 c25 s2(100).
(10) The acts of a liquidator are valid notwithstanding any defects
that may afterwards be discovered in the liquidator's appointment
or qualification.
RSA 2000 cC-21 s240;2020 c25 s2(100)