Victorian Consolidated Regulations

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SUPREME COURT (CORPORATIONS) RULES 2013 - SCHEDULE 2AA

SCHEDULE 2AA

Rule 16.1(1.1)

INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)



Item No.

Column 1

Provision of the Insolvency Practice Schedule (Corporations)

Column 2


Rule

Column 3


Description

1

section 20‑70(3)


Power to extend time to apply to ASIC for renewal of a liquidator's registration

2

section 40‑5(4)(b)


Power to give a direction to a liquidator to lodge a document or give any information or document

3

section 40‑10(4)(b)


Power to direct a liquidator:

(a)     to confirm to ASIC that information is complete and correct; or

(b)     to complete or correct information; or

(c)     to notify any persons specified by ASIC of any additional or corrected information

4

section 45‑1(1)


Power to make orders in relation to a registered liquidator

5

section 60‑10(1)(c) and (2)(b)

9.2

Power to determine an external administrator's remuneration

6

section 60‑ 11(3)

9.2A

Power to review a remuneration determination for an external administrator of a company

7

section 60‑ 16(1)

9.3

Power to determine a provisional liquidator's remuneration





8

section 65‑45


Power to give directions regarding the handling of money and securities by an external administrator

9

section 70‑ 35(3)(c)


Power to give directions in relation to destruction of the books of a company

10

section 70‑90


Power to order an external administrator to give relevant material to a person

11

section 7541(3)


Power to make orders in relation to proposals considered at a meeting of creditors

12

section 7542(4)


Power to order that a resolution passed at a meeting of creditors because of a casting vote be set aside or varied and make further orders or give further directions

13

section 75‑43(4)


Power to order that a resolution considered at a meeting of creditors is taken to have been passed and make further orders or give further directions

14

section 80‑50(2)


Power to approve a committee of inspection incurring expenses in obtaining advice or assistance

15

section 80‑ 55(5)(b)


Power to give leave for a member of committee of inspection to derive a profit or advantage





16

section 90‑5(1)


Power to inquire into the external administration of a company

17

sections 90‑5(2) and 90‑10(4)


Power to require an external administrator or former external administrator to give information, provide a report or produce a document

18

section 90‑ 15

7.2 and 11.8

Power to make orders in relation to the external administration of a company, including the following:

(a)     determining a question or questions arising in the external administration;

(b)     that a person cease to be the external administrator;

(c)     that another registered liquidator be appointed;

(d)     in relation to the costs of an action (including court action) taken by the external administrator or another person in relation to the external administration;

(e)     in relation to any loss that the company has sustained because of a breach of duty by the external administrator;







(f)         in relation to remuneration, including requiring a person to repay to a company, or the creditors of a company, remuneration paid to the person as external administrator of the company

19

sections 90‑ 23(6) and (9)


Power to appoint a registered liquidator to carry out a review into a matter that relates to the external administration of a company and to specify the matters which the liquidator is appointed to review and the way in which the cost of carrying out the review is to be determined

20

section 90‑ 28


Power to make orders in relation to a review by a reviewing liquidator on the application of the reviewing liquidator, a person with a financial interest in the external administration of the company or an officer of the company

21

section 90‑ 35(6)


Power to order the reappointment of a former external administrator

Sch. 2A inserted by S.R. No. 10/2015 rule 22, amended by S.R. No. 56/2018 rule 39.



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