Commonwealth Numbered Acts

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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 511

Application to Court to have questions determined or powers exercised
511. (1) The liquidator, or any contributory or creditor, may apply to the
Court:

   (a)  to determine any question arising in the winding up of a company; or

   (b)  to exercise all or any of the powers that the Court might exercise if
        the company were being wound up by the Court.

(2) The Court, if satisfied that the determination of the question or the
exercise of power will be just and beneficial, may accede wholly or partially
to any such application on such terms and conditions as it thinks fit or may
make such other order on the application as it thinks just. 


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