Northern Territory Consolidated Acts

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CO-OPERATIVES ACT - SECT 88

Orders that Supreme Court may make

88. Orders that Supreme Court may make

On application under this Division, the Supreme Court may make any order that it thinks fit including (without being limited to) one or more of the following orders:

(a) an order that the Registrar appoint an administrator of the
co-operative;

(b) an order that the co-operative be wound up;

(c) an order for regulating the conduct of affairs of the
co-operative in the future;

(d) an order for the repayment of the member's shares in accordance with the provisions of this Act for repayment of share capital;

(e) an order for the purchase of the shares of any member by the
co-operative and for the reduction accordingly of the
co-operative's capital;

(f) an order directing the co-operative to institute, prosecute, defend or discontinue specified proceedings, or authorising a member or members of the co-operative to institute, prosecute, defend or discontinue specified proceedings in the name and on behalf of the co-operative;

(g) an order appointing a receiver or a receiver and manager of property of the co-operative;

(h) an order restraining a person from engaging in specified conduct or from doing a specified act or thing;

(j) an order directing a co-operative to become registered as a company under the Corporations Act 2001;

(k) an order requiring a person to do a specified act or thing;

(m) an order as to costs.



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