Co-operatives National Law (Queensland)
sec.438Power of Supreme Court to require reports
Start here
Get a plain-English read of sec.438
Turn the raw legal text into a practical explanation grounded in Co-operatives National Law (Queensland).
sec.438 Power of Supreme Court to require reports
If an application is made to the Supreme Court under this Part in relation to a proposed compromise or arrangement, the court may— before making an order on the application, require the Registrar or another person to give to the court a report as to— the terms of the compromise or arrangement or of the scheme for, or in relation to, which the compromise or arrangement has been proposed; and the conduct of the officers of the body or bodies concerned; and any other matters that, in the opinion of the Registrar or the person, ought to be brought to the attention of the court; and in deciding the application, have regard to anything contained in the report; and make any order as to the payment of the costs of preparing and giving the report as the court considers appropriate.
- (a) before making an order on the application, require the Registrar or another person to give to the court a report as to— (i) the terms of the compromise or arrangement or of the scheme for, or in relation to, which the compromise or arrangement has been proposed; and (ii) the conduct of the officers of the body or bodies concerned; and (iii) any other matters that, in the opinion of the Registrar or the person, ought to be brought to the attention of the court; and
- (i) the terms of the compromise or arrangement or of the scheme for, or in relation to, which the compromise or arrangement has been proposed; and
- (ii) the conduct of the officers of the body or bodies concerned; and
- (iii) any other matters that, in the opinion of the Registrar or the person, ought to be brought to the attention of the court; and
- (b) in deciding the application, have regard to anything contained in the report; and
- (c) make any order as to the payment of the costs of preparing and giving the report as the court considers appropriate.
- (i) the terms of the compromise or arrangement or of the scheme for, or in relation to, which the compromise or arrangement has been proposed; and
- (ii) the conduct of the officers of the body or bodies concerned; and
- (iii) any other matters that, in the opinion of the Registrar or the person, ought to be brought to the attention of the court; and