Document ID: chunk:federal_register_of_legislation:C2025C00185:section:260e:p13
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 260E (pt 13/18)
Character Range: 967408–970494

dispositions of property, attachments etc.
468A Effect of winding up on company's members
469 Application to be lis pendens
470 Certain notices to be lodged
Division 1A—Effect of winding up order
471 Effect on creditors and contributories
471B Stay of proceedings and suspension of enforcement process
471C Secured creditor's rights not affected
Division 2—Court‑appointed liquidators
472 Court to appoint registered liquidator
473 Resignation of liquidators
473A Vacancies in office of court‑appointed liquidator
474 Custody and vesting of company's property
475 Report as to company's affairs to be submitted to liquidator
477 Powers of liquidator
478 Application of property; list of contributories
480 Release of liquidator and deregistration of company
481 Orders for release or deregistration
Division 3—General powers of Court
Subdivision A—General powers
482 Power to stay or terminate winding up
483 Delivery of property to liquidator
484 Appointment of special manager
485 Claims of creditors and distribution of property
486 Inspection of books by creditors and contributories
486A Court may make order to prevent officer or related entity from avoiding liability to company
486B Warrant to arrest person who is absconding, or who has dealt with property or books, in order to avoid obligations in connection with winding up
487 Power to arrest absconding contributory
488 Delegation to liquidator of certain powers of Court
489 Powers of Court cumulative
Subdivision B—Procedures relating to section 486B warrants
489A Arrest of person subject to warrant
489B Procedure after arrest
489C Procedure on remand on bail
489D Court's power to make orders under other provisions
489E Jurisdiction under this Subdivision
Part 5.4C—Winding up by ASIC
489EA ASIC may order the winding up of a company
489EB Deemed resolution that company be wound up voluntarily
489EC Appointment of liquidator
Part 5.5—Voluntary winding up
Division 1A—Preliminary
489F Meaning of property
Division 1—Resolution for winding up
490 When company cannot wind up voluntarily
491 Circumstances in which company may be wound up voluntarily
493 Effect of voluntary winding up
493A Effect of voluntary winding up on company's members
494 Declaration of solvency
Division 2—Members' voluntary winding up
495 Appointment of liquidator etc.
496 Duty of liquidator where company turns out to be insolvent
Division 3—Creditors' voluntary winding up
Subdivision A—Liquidation process
497 Information about the company's affairs
498 Declaration that company eligible for the simplified liquidation process
499 Liquidators
500 Execution and civil proceedings
Subdivision B—Simplified liquidation process for creditors' voluntary winding up of an insolvent company
500AAA Meaning of triggering event
500A Liquidator may adopt the simplified liquidation process
500AA Eligibility criteria for the simplified liquidation process
500AB Creditors may request liquidator not to follow the simplified liquidation process
500AC Liquidator must cease to follow the simplified liquidation process
500AD Working out whether the