156. Power of Court to declare dissolution of company void

Where a company has been dissolved, the Court may at any time within 2 years after the date of dissolution, on application of the liquidator of the company or of any other person who appears to the Court to be interested, make an order on such conditions as the Court thinks fit declaring the dissolution to have been void, and thereon such proceedings may be taken as might have been taken if the company had not been dissolved.

The person on whose application the order was made shall, within 7 days after the making of the order or such further time as the Court allows, lodge with the Registrar and with the Official Receiver a copy of the order and an office copy of the order, respectively, and if he fails to do so is guilty of an offence and liable on conviction to a fine not exceeding $1,000.