Western Australian Consolidated Acts

COMPANIES (CO-OPERATIVE) ACT 1943 - SECT 72

72 .         Application to Court for confirming order

        (1)         Where a company has passed a resolution for reducing share capital, it may apply by petition to the Court for an order confirming the reduction.

        (2)         A resolution for reducing share capital shall be void after the expiration of 2 months from the date of the passing thereof unless an application is made to the Court under subsection (1) within that period.