447C
In forceCourt may declare whether administrator validly appointed
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 13Powers of Court
447C Court may declare whether administrator validly appointed
(1)
If there is doubt, on a specific ground, about whether a purported appointment of a person as administrator of a company, or of a deed of company arrangement, is valid, the person, the company or any of the company’s creditors may apply to the Court for an order under subsection (2).
(2)
On an application, the Court may make an order declaring whether or not the purported appointment was valid on the ground specified in the application or on some other ground.
This Act’s bill:Explanatory memorandumSecond reading speech
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