Corporations Act 2001
SCHEDULE 2
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INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)
Note: See section 600K .
PART 3 - GENERAL RULES RELATING TO EXTERNAL ADMINISTRATIONS Division 85 - Directions by creditors SECTION 85-1 SIMPLIFIED OUTLINE OF THIS DIVISIONThe external administrator of a company must have regard to directions given to the administrator by the creditors of the company but is not obliged to comply with those directions.
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