A T O home
Legal Database
Search   
for 
 
Access the database 
Browse database
Searches  
View last document
Quick access 
View legislation
View a document
Email Cross Reference Material Previous/Next Section Contents Previous/Next Result
Printable version
Printable
version

CORPORATIONS ACT 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.6 - WINDING UP GENERALLY  

Division 6 - Proof and ranking of claims  

Subdivision A - Admission to proof of debts and claims  

SECTION 553D  DEBTS OR CLAIMS MAY BE PROVED FORMALLY OR INFORMALLY  

553D(1)  [Liquidator may require formal proof]  


A debt or claim must be proved formally if the liquidator, in accordance with the regulations, requires it to be proved formally.

553D(2)  [No formal proof required]  


A debt or claim that is not required to be proved formally:


(a) may be proved formally; or


(b) may be proved in some other way, subject to compliance with the requirements of the regulations (if any) relating to the informal proof of debts and claims.

553D(3)  [How debt proved formally]  


A debt or claim is proved formally if it satisfies the requirements of the regulations relating to the formal proof of debts and claims.

 



This information is provided by CCH Australia Limited. View the disclaimer and notice of copyright.
Top of page
More information on page