Please note, commentary has been updated in Chs 5,7,8,9,10,11,12,15,19,23,25,30,40,41,42,44,46,51 and 54.

Covering:

• Terms determine scope
• Fraudulent dispositions under State and Territory la w,
• Limited statutory relief under Corporations Act s,419(3)
• Preconditions for leave
• Access to the company's  email accounts
• Express indemnity for liabilities legitimately incurred
• Grounds for termination by the parties
• Effect on contracts
• The administrator's report  to creditors  and ASIC
• Restrainig orders against creditors, owners and lessors
• Power to sell member's shares