CORPORATIONS ACT 2001 - SECT 234 Who can apply for order

CORPORATIONS ACT 2001 - SECT 234

    An application for an order under section   233 in relation to a company may be made by:

  (a)   a member of the company, even if the application relates to an act or omission that is against:

  (i)   the member in a capacity other than as a member; or

  (ii)   another member in their capacity as a member; or

  (b)   a person who has been removed from the register of members because of a selective reduction; or

  (c)   a person who has ceased to be a member of the company if the application relates to the circumstances in which they ceased to be a member; or

  (d)   a person to whom a share in the company has been transmitted by will or by operation of law; or

  (e)   a person whom ASIC thinks appropriate having regard to investigations it is conducting or has conducted into:

  (i)   the company's affairs; or

  (ii)   matters connected with the company's affairs.

Note 1:   If an application is made under this section, in certain cases the court may order that the company be wound up in insolvency (see section   459B).

Note 2:   For selective reduction , see subsection   256B(2).