Corporations Act 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.3B - RESTRUCTURING OF A COMPANY  

Division 2 - Restructuring  

Subdivision E - Effect on company etc. during restructuring  

SECTION 453T   453T   SUSPENSION OF ENFORCEMENT PROCESS  


During the restructuring of a company, no enforcement process in relation to property of the company can be begun or proceeded with, except:

(a)  with the leave of the Court; and

(b)  in accordance with such terms (if any) as the Court imposes.


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