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CORPORATIONS ACT 2001 - SECT 513A

Winding up ordered by the Court

    If the Court orders under section   233, 459A, 459B or 461 that a company be wound up, the winding up is taken to have begun or commenced:

  (a)   if, when the order was made, a winding up of the company was already in progress--when the last - mentioned winding up is taken because of this Division to have begun or commenced; or

  (b)   if, immediately before the order was made, the company was under administration--on the section   513C day in relation to the administration; or

  (c)   if:

  (i)   when the order was made, a provisional liquidator of the company was acting; and

  (ii)   immediately before the provisional liquidator was appointed, the company was under administration;

    on the section   513C day in relation to the administration; or

  (d)   if, immediately before the order was made, a deed of company arrangement had been executed by the company and had not yet terminated--on the section   513C day in relation to the administration that ended when the deed was executed; or

  (da)   if, immediately before the order was made, the company was under restructuring--on the section   513CA day in relation to the restructuring; or

  (db)   if:

  (i)   when the order was made, a provisional liquidator of the company was acting; and

  (ii)   immediately before the provisional liquidator was appointed, the company was under restructuring;

    on the section   513CA day in relation to the restructuring; or

  (dc)   if, immediately before the order was made, a restructuring plan had been made by the company and had not yet terminated--on the section   513CA day in relation to the restructuring that ended when the plan was made; or

  (e)   otherwise--on the day when the order was made.


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