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CORPORATIONS ACT 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.3A - ADMINISTRATION OF A COMPANY'S AFFAIRS WITH A VIEW TO EXECUTING A DEED OF COMPANY ARRANGEMENT  

Division 10 - Execution and effect of deed of company arrangement  

SECTION 444H  

444H  EXTENT OF RELEASE OF COMPANY'S DEBTS  

A deed of company arrangement releases the company from a debt only in so far as:


(a) the deed provides for the release; and


(b) the creditor concerned is bound by the deed.

[CCH Note: There is no section 444I.]


 



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