CORPORATIONS ACT 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

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

Division 11 - Variation, termination and avoidance of deed  

SECTION 445E   445E   CREDITORS MAY TERMINATE DEED AND RESOLVE THAT COMPANY BE WOUND UP  
Where:


(a) the company ' s creditors pass a resolution at a meeting terminating the deed; and


(b) the notice of the meeting set out a proposed resolution that the company be wound up;

the creditors may also resolve at the meeting that the company be wound up.


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