Corporations Act 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.4 - WINDING UP IN INSOLVENCY  

Note: This Part applies to a sub-fund of a CCIV in a modified form: see Division 5 of Part 8B.6 .

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Division 1 - When company to be wound up in insolvency  

SECTION 459A  

459A   ORDER THAT INSOLVENT COMPANY BE WOUND UP IN INSOLVENCY  
On an application under section 459P, the Court may order that an insolvent company be wound up in insolvency.