Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 500

500. (1) Any attachment, sequestration, distress or execution put in force
against the property of the company after the commencement of a creditors'
voluntary winding up is void.

(2) After the commencement of the winding up, no action or other civil
proceeding shall be proceeded with or commenced against the company except by
leave of the Court and subject to such terms as the Court imposes.

(3) The Court may require any contributory, trustee, receiver, banker, agent
or officer of the company to pay, deliver, convey, surrender or transfer
forthwith or within such time as the Court directs to the liquidator any
money, property or books in his, her or its hands to which the company is
prima facie entitled.