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s 10.1

Determination of value of debts or claims (Corporations Act s 554A(2))

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Division 10Winding up generally

10.1 Determination of value of debts or claims (Corporations Act s 554A(2))

A reference to the Court by a liquidator of a company under paragraph 554A(2)(b) of the Corporations Act must be made:

(a)

in the case of a winding up by the Court—by filing an interlocutory process seeking an order estimating, or determining a method for working out, the value of the debt or claim; and

(b)

in the case of a voluntary winding up—by filing an originating process seeking an order estimating, or determining a method for working out, the value of the debt or claim.

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