Corporations Act 2001
(a) an application for the company to be wound up in insolvency has been filed; or
(b) the Court has ordered that the company be wound up in insolvency, whether or not the order was made on such an application; or
(c) the company is a trustee company (within the meaning of Chapter 5D ) that is in the course of administering or managing one or more estates.
A person with a proper interest (within the meaning of Chapter 5D ) in the estate referred to in paragraph (1)(c), or who has any claim in respect of the estate, is entitled to be heard in a proceeding before the Court for leave under subsection (1).