Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 453S

  (1)   During the restructuring of a company, a proceeding in a court against the company or in relation to any of its property cannot be begun or proceeded with, except:

  (a)   with the restructuring practitioner's written consent; or

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

  (2)   Subsection   (1) does not apply to:

  (a)   a criminal proceeding; or

  (b)   a prescribed proceeding.