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 5.6 - WINDING UP GENERALLY

Division 1A - When winding up taken to begin

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History

Heading inserted by No 210 of 1992, s 85 (effective 23 June 1993).

CCH Note: See s 1382-1383.

SECTION 513D   VALIDITY OF PROCEEDINGS IN EARLIER WINDING UP  

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513D    Where, at the time when:

(a)  the Court orders under section 233, 459A, 459B or 461 that a company be wound up; or

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(b)  a company resolves by special resolution that it be wound up voluntarily;

a winding up of the company is already in progress, all proceedings in the last-mentioned winding up are taken to have been valid, except so far as the Court otherwise orders because fraud or mistake has been proved.

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History

S 513D amended by No 156 of 1999, Sch 3, Pt 5 (effective 13 March 2000).

S 513D amended by No 61 of 1998, Sch 3 (effective 1 July 1998).

S 513D inserted by No 210 of 1992, s 85 (effective 23 June 1993).

CCH Note: See s 1382-1383.

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