471b Corporations Act - muckboots.com


‘[21] Section 500 of the Corporations Act provides a complete bar to the commencement of any action or other civil proceedings proceeding in respect of a Company which has entered into voluntary winding up. [22] Both ss.471B and 500 of the Corporations Act relate to circumstances in. ACT CIVIL & ADMINISTRATIVE TRIBUNAL. SHAW v SUMO CONSTRUCTIONS PTY LTD Civil Dispute [2016] ACAT 124. XD 215/2016. Catchwords:CIVIL DISPUTE – whether judgment can be entered against a de-registered company or a company in liquidation- section 471B Corporations Act 2001- section 601AD Corporations Act 2001 – whether a de-registered compan. TCHNICAL INSIGHTS Issue Introduction The prohibition against commencing or continuing court proceedings against a company in winding up is an essential feature of the liquidation process. The prohibition applies with respect to a court winding up, including provisional liquidation section 471B, Corporations Act. – Actions for Declaratory or Injunctive Relief by the Corporate Regulator under s 471B of the Corporations Act. This article by Ben McEniery discusses the matters a court will consider when leave to commence or proceed against a company in liquidation is sought not by a creditor seeking to prove a debt, but by the corporate regulator pursuing. SUPREME COURT CORPORATIONS RULES 2013 TABLE OF PROVISIONS ORDER 1—PRELIMINARY 1.1. Title and objects 1.2. Authorising provisions, commencement and revocation 1.3. Application of these Rules and other rules of the Court 1.4. Expressions used in the Corporations Act 1.5. Definitions for these Rules 1.6.

the text of Acts that are no longer in force, and click on the Acts - No longer in force. the text of Acts as originally made, and click on the Acts - As made. the text of an amended Act as it is expected to read in the future only published in special circumstances, click on Acts - Future law compilations tab. Basically, the bar on proceedings against companies in liquidation and their property in section 471B of the Corporations Act is not intended to interfere with the rights of secured creditors to realise their security interests in the property of those insolvent companies, section 471C says so. CORPORATIONS ACT 2001 - SECT 440D Stay of proceedings 1 During the administration of a company, a proceeding in a court against the company or in relation to any of its property cannot be begun or proceeded with, except. the corporation and provide for a fair and equitable distribution of the corporation's property among its creditors and, if there is any surplus available, among its members. The Corporations Act provides for a stay of proceedings in both forms of liquidation. The purpose behind the stay of proceedings in a winding up has been held to be twofold.

This legislation has been repealed. CORPORATIONS LAW- SECT 441C Charge on perishable property 1 This section applies where perishable property of.

CORPORATIONS ACT 2001 - SECT 440D Stay of.

Hearsay. the electronic journal of the Bar.

The impact of insolvency on leases Property Update February 2011 About Lavan Legal Lavan Legal is the largest independently owned law firm in Western Australia, comprising of over 200 staff which includes 19 partners. The Property Services Group, a division of Lavan Legal, pride themselves on being the leaders in property and planning law. a proceedings under section 11 of this Act, b proceedings transferred under section 12 of this Act, being proceedings that, but for this subsection, could not be commenced or proceeded with without the leave of the Court referred to in section 471B or 500 2 of the Corporations Act 2001 of.

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