Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

CORPORATIONS ACT 2001 - SECT 596A

Mandatory examination

    The Court is to summon a person for examination about a corporation's examinable affairs if:

  (a)   an eligible applicant applies for the summons; and

  (b)   the Court is satisfied that the person is an officer or provisional liquidator of the corporation or was such an officer or provisional liquidator during or after the 2 years ending:

  (i)   if the corporation is under administration--on the section   513C day in relation to the administration; or

  (ii)   if the corporation has executed a deed of company arrangement that has not yet terminated--on the section   513C day in relation to the administration that ended when the deed was executed; or

  (iia)   if the corporation is under restructuring--on the section   513CA day in relation to the restructuring; or

  (iib)   if the corporation has made a restructuring plan that has not yet terminated--on the section   513CA day in relation to the restructuring that ended when the plan was made; or

  (iii)   if the corporation is being, or has been, wound up--when the winding up began; or

  (iv)   otherwise--when the application is made.

Note:   This section applies to a CCIV in a modified form: see section   1237U.


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback