Statute
Section 434A — Corporations Act 2001: Court may remove controller for misconduct
Text of the provision Official document
Where, on the application of a corporation, the Court is satisfied that a controller of property of the corporation has been guilty of misconduct in connection with performing or exercising any of the controller’s functions and powers, the Court may order that, on and after a specified day, the controller cease to act as receiver or give up possession or control, as the case requires, of property of the corporation.
Official source: Federal Register of Legislation
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