Corporations Act 2001

If:

either:

a pooling determination is in force in relation to a group of 2 or more companies; or

a pooling order is in force in relation to a group of 2 or more companies; and

each company in the group is being wound up;

instead of convening separate meetings under or for the purposes of a particular provision of this Act, the liquidator or liquidators may convene a meeting under or for the purposes of that provision, on a consolidated basis, of the creditors of the companies in the group; and

a resolution passed at a consolidated meeting by those creditors is taken to have been passed by the creditors of each of the companies in the group; and

if there are 2 or more liquidators—one of those liquidators is to preside at a consolidated meeting; and

notice of a consolidated meeting may be given by the liquidator or liquidators.

See also Division 80 (committees of inspection) of Schedule 2.

The regulations may make provision for or in relation to:

the convening of, conduct of, and procedure and voting at, consolidated meetings of creditors; and

the number of persons required to constitute a quorum at any such meeting; and

the sending of notices of meetings to persons entitled to attend any such meeting; and

the lodging of copies of notices of, and of resolutions passed at, any such meeting; and

generally regulating the conduct of, and procedure at, any such meeting.