Corporations Act 2001
Note: See section 600K .
PART 3 - GENERAL RULES RELATING TO EXTERNAL ADMINISTRATIONS Division 75 - Meetings SECTION 75-21 RESTRUCTURING AND RESTRUCTURING PLANS 75-21(1)Sections 75-10 , 75-15 and 75-20 do not apply to: (a) a company under restructuring; or (b) a company that has made a restructuring plan that has not yet terminated.
75-21(2)
However, the restructuring practitioner for a company, or for a restructuring plan, may convene a meeting of the creditors if the restructuring practitioner is satisfied that: (a) there are exceptional circumstances; and (b) it is in the interests of the creditors to do so.
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