CORPORATIONS ACT 2001
CHAPTER 5
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EXTERNAL ADMINISTRATION
PART 5.6
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WINDING UP GENERALLY
Division 1A
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When winding up taken to begin
SECTION 513D
513D
VALIDITY OF PROCEEDINGS IN EARLIER WINDING UP
Where, at the time when:
(a) the Court orders under section 233, 459A, 459B or 461 that a company be wound up; or
(b) a company resolves by special resolution that it be wound up voluntarily;
Where, at the time when:
(a) the Court orders under section 233, 459A, 459B or 461 that a company be wound up; or
(b) a company resolves by special resolution that it be wound up voluntarily;
a winding up of the company is already in progress, all proceedings in the last-mentioned winding up are taken to have been valid, except so far as the Court otherwise orders because fraud or mistake has been proved.
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