THE CORPORATIONS LAW
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
Division 12 - Transition to creditors' voluntary winding up
(i) pass a resolution terminating a deed of company arrangement executed by the company; and
(ii) also resolve at a particular time under section 445E that the company be wound up.
(i) if paragraph (1)(a) or (b) of this section applies - the administrator of the company; or
(ii) if paragraph (1)(c) of this section applies - the administrator of the deed;to be liquidator for the purposes of the winding up; (b) the creditors are taken not to have so nominated anyone.
(i) in a national newspaper; or
(ii) in each jurisdiction in which the company has its registered office or carries on business, in a daily newspaper that circulates generally in that jurisdiction.
Note:
Section 482 empowers the Court to stay or terminate a winding up and give consequential directions.
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