Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 587

587. (1) The provisions of this Act with respect to staying and restraining
actions and other civil proceedings against a company at any time after the
filing of an application for winding up and before the making of a winding up
order extend, in the case of a Part 5.7 body where the application to stay or
restrain is by a creditor, to actions and other civil proceedings against a
contributory of the Part 5.7 body.

(2) Where an order has been made for winding up a Part 5.7 body, no action or
other civil proceeding shall be proceeded with or commenced against a
contributory of the Part 5.7 body in respect of a debt of the Part 5.7 body
except by leave of the Court and subject to such terms as the Court imposes.