(1) Until a deed of company arrangement terminates, this section applies to a person bound by the deed. (2) The person cannot:

(a)

make an application for an order to wind up the company; or

(b)

proceed with such an application made before the deed became binding on the person.

(3) The person cannot:

(a)

begin or proceed with a proceeding against the company or in relation to any of its property; or

(b)

begin or proceed with enforcement process in relation to property of the company;