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CORPORATIONS ACT 2001 - SECT 438A Administrator to investigate affairs and consider possible courses of action

CORPORATIONS ACT 2001 - SECT 438A

Administrator to investigate affairs and consider possible courses of action

    As soon as practicable after the administration of a company begins, the administrator must:

  (a)   investigate the company's business, property, affairs and financial circumstances; and

  (b)   form an opinion about each of the following matters:

  (i)   whether it would be in the interests of the company's creditors for the company to execute a deed of company arrangement;

  (ii)   whether it would be in the creditors' interests for the administration to end;

  (iii)   whether it would be in the creditors' interests for the company to be wound up.

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