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CORPORATIONS ACT 2001 - SECT 445B Court may cancel variation

CORPORATIONS ACT 2001 - SECT 445B

Court may cancel variation

  (1)   Where a deed of company arrangement is varied under section   445A, a creditor of the company may apply to the Court for an order cancelling the variation.

  (2)   On an application, the Court:

  (a)   may make an order cancelling the variation, or confirming it, either wholly or in part, on such conditions (if any) as the order specifies; and

  (b)   may make such other orders as it thinks appropriate.