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 13 - Powers of Court

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

SECTION 447C   COURT MAY DECLARE WHETHER ADMINISTRATOR VALIDLY APPOINTED  

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447C(1)  [Doubt about appointment]  

If there is doubt, on a specific ground, about whether a purported appointment of a person as administrator of a company, or of a deed of company arrangement, is valid, the person, the company or any of the company's creditors may apply to the Court for an order under subsection (2).

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S 447C(1) inserted by No 210 of 1992, s 56 (effective 23 June 1993).

447C(2)  [Court may declare appointment to be valid or not]  

On an application, the Court may make an order declaring whether or not the purported appointment was valid on the ground specified in the application or on some other ground.

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History

S 447C(2) inserted by No 210 of 1992, s 56 (effective 23 June 1993).

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