Power of Supreme Court to require reports
438 Power of Supreme Court to require reports
If an application is made to the Supreme Court under this Part in relation to a proposed compromise or arrangement, the court may:
(a) before making an order on the application, require the Registrar or another person to give to the court a report as to:
(i) the terms of the compromise or arrangement or of the scheme for, or in relation to, which the compromise or arrangement has been proposed; and
the conduct of the officers of the body or bodies concerned; and
(iii) any other matters that, in the opinion of the Registrar or the person, ought to be brought to the attention of the court; and
(b) in deciding the application, have regard to anything contained in the report; and
(c) make any order as to the payment of the costs of preparing and giving the report as the court considers appropriate.
This Act’s bill:Explanatory statement
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