Section 239ACU — Companies Act 1993: Person bound by deed must not take steps to liquidate, etc

239ACU Person bound by deed must not take steps to liquidate, etc (1) A person who is bound by a deed of company arrangement must not, while the deed is in force,— (a) apply, or continue with an application, to the Court for the appointment of a liquidator of the company: (b) except with the Court's permission, begin or continue a proceeding against the company or in relation to any of its property: (c) except with the Court's permission, begin or continue an enforcement process against the company's property. (2) In this section, property includes property used or occupied by the company, or in its possession. Compare: Corporations Act 2001 (Australia) s 444E Section 239ACU: inserted, on 1 November 2007, by section 6 of the Companies Amendment Act 2006 (2006 No 56).