CORPORATIONS ACT 2001 - SECT 513D Validity of proceedings in earlier winding up

CORPORATIONS ACT 2001 - SECT 513D

    Where, at the time when:

  (a)   the Court orders under section   233, 459A, 459B or 461 that a company be wound up; or

  (b)   a company resolves by special resolution that it be wound up voluntarily;

a winding up of the company is already in progress, all proceedings in the last - mentioned winding up are taken to have been valid, except so far as the Court otherwise orders because fraud or mistake has been proved.