Orders to protect creditors during administration
(1) On the application of ASIC, the Court may make such order as it thinks necessary to protect the interests of a company’s creditors while the company is under administration. (2) On the application of a creditor of a company, the Court may make such order as it thinks necessary to protect the creditor’s interests while the company is under administration. (3) An order may be made subject to conditions.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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