136
CurrentWinding up need not be ordered if members unfairly prejudiced by order
Chapter 2Formation, powers and constitution of co-operatives
Part 2.5Membership
Division 4Oppressive conduct of affairs
136 Winding up need not be ordered if members unfairly prejudiced by order
The Supreme Court need not make an order under this Division for the winding up of a co-operative if it considers the winding up of the co-operative would unfairly prejudice an oppressed member or unfairly prejudice the members as a whole.
This Act’s bill:Explanatory memorandumSecond reading speech
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