CORPORATIONS ACT 2001 - SECT 471B Stay of proceedings and suspension of enforcement process

CORPORATIONS ACT 2001 - SECT 471B

    While a company is being wound up in insolvency or by the Court, or a provisional liquidator of a company is acting, a person cannot begin or proceed with:

  (a)   a proceeding in a court against the company or in relation to property of the company; or

  (b)   enforcement process in relation to such property;

except with the leave of the Court and in accordance with such terms (if any) as the Court imposes.