s 439C
In forceWhat creditors may decide
Volume 2Chapter 2L, Part 2L.1 to Chapter 5, Part 5.9 sections 283AA to 600K
Chapter 5External administration
Part 5.3AAdministration of a company’s affairs with a view to executing a deed of company arrangement
Division 5Meeting of creditors decides company’s future
439C What creditors may decide
At a meeting convened under section 439A, the creditors may resolve:
(a)
that the company execute a deed of company arrangement specified in the resolution (even if it differs from the proposed deed (if any) details of which accompanied any notice of meeting); or
(b)
that the administration should end; or
(c)
that the company be wound up.
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