Section 453V — Corporations Act 2001 (Cth)

Lis pendens taken to exist

(1) This section has effect only for the purposes of a law about the effect of a lis pendens on purchasers or mortgagees.

(2) During the restructuring of the company, an application to wind up the company is taken to be pending.

(3) An application that is taken because of subsection (2) to be pending constitutes a lis pendens.

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.

Related sections

s 453S — Stay of proceedings
s 453T — Suspension of enforcement process
s 453U — Duties of court officer in relation to property of company
s 453W — Restructuring not to trigger liability of director or relative under guarantee of company’s liability
s 453X — Property subject to a banker’s lien—exemption from this Subdivision
s 454A — Application of Subdivision

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