Western Australian Consolidated Acts At any time after the
presentation of a petition for winding-up, and before a winding-up order has
been made, the company or any creditor, or contributory may, where any action
or proceeding against the company is pending, apply to the Court or the Court
in which the action or proceeding is pending for a stay of proceedings
therein, and the Court to which application is so made may, as the case may
be, stay or restrain the proceedings accordingly on such terms as it thinks
fit.