459B
In forceOrder made on application under section 234, 462 or 464
Volume 2Chapter 2L, Part 2L.1 to Chapter 5, Part 5.9 sections 283AA to 600K
Chapter 5External administration
Part 5.4Winding up in insolvency
Division 1When company to be wound up in insolvency
459B Order made on application under section 234, 462 or 464
Where, on an application under section 234, 462 or 464, the Court is satisfied that the company is insolvent, the Court may order that the company be wound up in insolvency.
This Act’s bill:Explanatory memorandumSecond reading speech
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