THE CORPORATIONS LAW

CHAPTER 5 - EXTERNAL ADMINISTRATION

PART 5.3A - ADMINISTRATION OF A COMPANY'S AFFAIRS WITH A VIEW TO EXECUTING A DEED OF COMPANY ARRANGEMENT

Division 13 - Powers of Court

SECTION 447C   COURT MAY DECLARE WHETHER ADMINISTRATOR VALIDLY APPOINTED  

447C(1)  [Doubt about appointment]  

If there is doubt, on a specific ground, about whether a purported appointment of a person as administrator of a company, or of a deed of company arrangement, is valid, the person, the company or any of the company's creditors may apply to the Court for an order under subsection (2).

447C(2)  [Court may declare appointment to be valid or not]  

On an application, the Court may make an order declaring whether or not the purported appointment was valid on the ground specified in the application or on some other ground.




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