THE CORPORATIONS LAW

CCH Note: Part 13 of the Corporations Act 1989, inserted by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as follows:

PART 13 - THE CORPORATIONS LAW

THE CORPORATIONS LAW   82 

The Corporations Law is as follows:...

CHAPTER 5 - EXTERNAL ADMINISTRATION

PART 5.3A - ADMINISTRATION OF A COMPANY'S AFFAIRS WITH A VIEW TO EXECUTING A DEED OF COMPANY ARRANGEMENT

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History

Pt 5.3A inserted by No 210 of 1992, s 56 (effective 23 June 1993).

Division 5 - Meeting of creditors decides company's future

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Heading inserted by No 210 of 1992, s 56 (effective 23 June 1993).

SECTION 439C   WHAT CREDITORS MAY DECIDE  

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439C    At a meeting convened under section 439A, the creditors may resolve:

(a)  that the company execute a deed of company arrangement specified in the resolution (even if it differs from the proposed deed (if any) details of which accompanied the notice of meeting); or

(b)  that the adminstration should end; or

(c)  that the company be wound up.

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History

S 439C inserted by No 210 of 1992, s 56 (effective 23 June 1993).

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