CORPORATIONS ACT 2001
CHAPTER 5
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EXTERNAL ADMINISTRATION
PART 5.3A
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ADMINISTRATION OF A COMPANY'S AFFAIRS WITH A VIEW TO EXECUTING A DEED OF COMPANY ARRANGEMENT
Division 4
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Administrator investigates company's affairs
SECTION 438A
438A
ADMINISTRATOR TO INVESTIGATE AFFAIRS AND CONSIDER POSSIBLE COURSES OF ACTION
As soon as practicable after the administration of a company begins, the administrator must:
(a) investigate the company's business, property, affairs and financial circumstances; and
(b) form an opinion about each of the following matters:
As soon as practicable after the administration of a company begins, the administrator must:
(a) investigate the company's business, property, affairs and financial circumstances; and
(b) form an opinion about each of the following matters:
(i) whether it would be in the interests of the company's creditors for the company to execute a deed of company arrangement;
(ii) whether it would be in the creditors' interests for the administration to end;
(iii) whether it would be in the creditors' interests for the company to be wound up.
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