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StatuteCorporations Act 2001

Section 234 — Corporations Act 2001: Who can apply for order

Text of the provision Official document

An application for an order under section 233 in relation to a company may be made by: (a) a member of the company, even if the application relates to an act or omission that is against: (i) the member in a capacity other than as a member; or (ii) another member in their capacity as a member; or (b) a person who has been removed from the register of members because of a selective reduction; or (c) a person who has ceased to be a member of the company if the application relates to the circumstances in which they ceased to be a member; or (d) a person to whom a share in the company has been transmitted by will or by operation of law; or (e) a person whom ASIC thinks appropriate having regard to investigations it is conducting or has conducted into: (i) the company’s affairs; or (ii) matters connected with the company’s affairs. Note 1: If an application is made under this section, in certain cases the court may order that the company be wound up in insolvency (see section 459B). Note 2: For selective reduction, see subsection 256B(2).

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.