Statute
Section 500AB — Corporations Act 2001: Creditors may request liquidator not to follow the simplified liquidation process
Text of the provision Official document
A creditor of a company may, within 20 business days after the day on which a triggering event in relation to the company occurs, give the liquidator of the company notice in writing requesting the liquidator not to follow the simplified liquidation process in relation to the company.
Official source: Federal Register of Legislation
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