PART 5.3A - ADMINISTRATION OF A COMPANY'S AFFAIRS WITH A VIEW TO EXECUTING A DEED OF COMPANY ARRANGEMENT
Division 13 - Powers of Court
SECTION 447CCOURT MAY DECLARE WHETHER ADMINISTRATOR VALIDLY APPOINTED
447C(1)[Doubt about appointment]
If there is doubt, on a specific ground, about whether a purported appointment of a person as administrator of a company, or of a deed of company arrangement, is valid, the person, the company or any of the company's creditors may apply to the Court for an order under subsection (2).
447C(2)[Court may declare appointment valid or invalid]
On an application, the Court may make an order declaring whether or not the purported appointment was valid on the ground specified in the application or on some other ground.