Commonwealth Numbered Acts

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CORPORATIONS ACT 2001 No. 50, 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 examinable officer of the corporation or was such an officer 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
(iii)
if the corporation is being, or has been, wound up—when the winding up began; or
(iv)
otherwise—when the application is made.


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