Commonwealth Repealed Acts

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This legislation has been repealed.

CORPORATIONS LAW- SECT 476

Preliminary report by liquidator

A liquidator of a company shall, within 2 months, or such longer period (if any) as the Commission allows, after receiving a report referred to in subsection 475(1) or (2), lodge a preliminary report:

(a)
in the case of a company having a share capital—as to the amount of capital issued, subscribed and paid up;
(b)
as to the estimated amounts of assets and liabilities of the company;
(c)
if the company has failed—as to the causes of the failure; and
(d)
as to whether, in his or her opinion, further inquiry is desirable with respect to a matter relating to the promotion, formation or insolvency of the company or the conduct of the business of the company.


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