CORPORATIONS ACT 2001 No. 50, 2001 - SECT 508 Annual meeting of creditors
CORPORATIONS ACT 2001 No. 50, 2001 - SECT 508
Annual meeting of creditors(1) If the winding up continues for more than 1 year, the liquidator must:
- within 3 months after the end of the first year from the commencement of the
winding up and the end of each succeeding year, and must lay before the
meeting or each meeting an account of his or her acts and dealings and of the
conduct of the winding up during that first year or that succeeding year, as
the case may be.
(2) The liquidator must cause the notices of the meeting of creditors to be sent by post to the creditors simultaneously with the sending of the notices of the meeting of the company.