Corporations Amendment (Corporate Insolvency Reforms) Act 2020 (130 of 2020)
Schedule 1 Restructuring of a company
Part 2 Consequential amendments
Corporations Act 2001
99 Section 75-1 of Schedule 2
After:
The external administrator of a company may convene creditor or company meetings at any time and must convene them in particular circumstances, for example when directed to do so by certain creditors or by ASIC.
insert:
The restructuring practitioner for a company or for a restructuring plan may convene a meeting of creditors in exceptional circumstances if it is in the interests of creditors to do so.
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