Corporations Amendment (Corporate Insolvency Reforms) Act 2020 (130 of 2020)
Schedule 1 Restructuring of a company
Part 2 Consequential amendments
Corporations Act 2001
23 After subsection 157A(4)
Insert:
Application by restructuring practitioner
(4A) The restructuring practitioner for a company under restructuring may lodge an application with ASIC to change the name of the company if the restructuring practitioner is satisfied that the proposed change of name is in the interests of the creditors of the company as a whole.
Application by restructuring practitioner for a restructuring plan
(4B) The restructuring practitioner for a restructuring plan for a company may lodge an application with ASIC to change the name of the company if the restructuring practitioner is satisfied that the proposed change of name is in the interests of the creditors of the company as a whole.
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