Section 434A — Corporations Act 2001 (Cth)

Where, on the application of a corporation, the Court is satisfied that a controller of property of the corporation has been guilty of misconduct in connection with performing or exercising any of the controller’s functions and powers, the Court may order that, on and after a specified day, the controller cease to act as receiver or give up possession or control, as the case requires, of property of the corporation.

Related sections

• s 432 — Auditing returns by controllers
• s 433 — Property subject to circulating security interest—payment of certain debts to have priority
• s 434 — Enforcing controller’s duty to make returns
• s 434B — Court may remove redundant controller
• s 434C — Effect of sections 434A and 434B
• s 434D — Appointment of 2 or more receivers of property of a corporation

Research how courts apply s 434A

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.