Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 513A

Winding up ordered by the Court

                   If the Court orders under section 233, 459A, 459B or 461 that a company be wound up, the winding up is taken to have begun or commenced:

                     (a)  if, when the order was made, a winding up of the company was already in progress--when the last-mentioned winding up is taken because of this Division to have begun or commenced; or

                     (b)  if, immediately before the order was made, the company was under administration--on the section 513C day in relation to the administration; or

                     (c)  if:

                              (i)  when the order was made, a provisional liquidator of the company was acting; and

                             (ii)  immediately before the provisional liquidator was appointed, the company was under administration;

                            on the section 513C day in relation to the administration; or

                     (d)  if, immediately before the order was made, a deed of company arrangement had been executed by the company and had not yet terminated--on the section 513C day in relation to the administration that ended when the deed was executed; or

                     (e)  otherwise--on the day when the order was made.



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