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StatuteCorporations Act 2001

Section 444C — Corporations Act 2001: Creditor etc. not to act inconsistently with deed before its execution

Text of the provision Official document

(1) Where, at a meeting convened under section 439A, a company’s creditors resolve that the company execute a deed of company arrangement, this section applies until: (a) the deed is executed by both the company and the deed’s administrator; or (b) the period within which subsection 444B(2) requires the company to execute the deed ends; whichever happens sooner. (2) In so far as a person would be bound by the deed if it had already been so executed, the person: (a) must not do anything inconsistent with the deed, except with the leave of the Court; and (b) is subject to section 444E.

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.