CORPORATIONS ACT 2001 - SECT 444C Creditor etc. not to act inconsistently with deed before its execution

CORPORATIONS ACT 2001 - SECT 444C

  (1)   Where, at a meeting convened under section   439A, a company's creditors resolve that the company execute a deed of company arrangement, this section applies until:

  (a)   the deed is executed by both the company and the deed's administrator; or

  (b)   the period within which subsection   444B(2) requires the company to execute the deed ends;

whichever happens sooner.

  (2)   In so far as a person would be bound by the deed if it had already been so executed, the person:

  (a)   must not do anything inconsistent with the deed, except with the leave of the Court; and

  (b)   is subject to section   444E.