Pub­li­ca­tions

Extend­ing a con­ven­ing peri­od before it expires — rel­e­vant principles

In Brief The admin­is­tra­tor of a com­pa­ny under admin­is­tra­tion must con­vene a meet­ing of the com­pa­ny’s cred­i­tors with­in the con­ven­ing peri­od set out in sec­tion 439A(5) of the Cor­po­ra­tions Act 2001 (Cth) or as extend­ed by the Court under sec­tion 439A(6). The courts have shown a will­ing­ness to extend the con­ven­ing peri­od pro­vid­ed there…