Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 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.



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