THE CORPORATIONS LAW

CHAPTER 5 - EXTERNAL ADMINISTRATION

PART 5.4 - WINDING UP IN INSOLVENCY

Division 1 - When company to be wound up in insolvency

SECTION 459B   ORDER MADE ON APPLICATION UNDER SECTION 234, 462 OR 464  

459B    Where, on an application under section 234, 462 or 464, the Court is satisfied that the company is insolvent, the Court may order that the company be wound up in insolvency.