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 13
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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 valid or invalid]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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