SUPREME COURT (CORPORATIONS) RULES 1999 - REG 10.1 Determination of value of debts or claims (Corporations Act s 554A (2))

SUPREME COURT (CORPORATIONS) RULES 1999 - REG 10.1

10.1 Determination of value of debts or claims (Corporations Act s 554A (2))

A reference to the Court by a liquidator of a company under paragraph 554A (2) (b) of the Corporations Act must be made:

(a) in the case of a winding up by the Court--by filing an interlocutory process seeking an order estimating, or determining a method for working out, the value of the debt or claim, and

(b) in the case of a voluntary winding up--by filing an originating process seeking an order estimating, or determining a method for working out, the value of the debt or claim.