CORPORATIONS ACT 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.6 - WINDING UP GENERALLY  

Division 1A - 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;

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.


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.