Statute
Section 453Q — Corporations Act 2001: Winding up company
Text of the provision Official document
(1) The Court is to adjourn the hearing of an application for an order to wind up a company if the company is under restructuring and the Court is satisfied that it is in the interests of the company’s creditors for the company to continue under restructuring rather than be wound up. (2) The Court is not to appoint a provisional liquidator of a company if the company is under restructuring and the Court is satisfied that it is in the interests of the company’s creditors for the company to continue under restructuring rather than have a provisional liquidator appointed.
Official source: Federal Register of Legislation
There are no decisions in our collection citing this provision yet. As new judgments are published, they will appear here.
Search case law on this topic
See judgments from Australian courts and tribunals with a plain-English summary and legal holding.
Explore case law →