Corporations Act 2001
CHAPTER 5 - EXTERNAL ADMINISTRATION
PART 5.3B - RESTRUCTURING OF A COMPANY
Note: This Part does not apply to a CCIV or a sub-fund of a CCIV: see Division 4 of Part 8B.6 .
Subdivision G - Enforcement rights triggered by restructuring
SECTION 454P LIFTING THE STAY ON ENFORCING RIGHTS
454P(1)
The Court may order that subsection
454N(1)
does not apply for one or more rights against a company if the Court is satisfied that this is appropriate in the interests of justice.
454P(2)
An application for the order may be made by the holder of those rights.
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