O'Brien Palmer - Chartered Accountants and Insolvency Practitioners
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Corporate Insolvency

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Corporate insolvency in Australia is regulated by the Corporations Act 2001 (Cth) (“the Act”). The different types of insolvency administrations available to corporate debtors under the Act are:

1. Voluntary Administration
2. Deed of Company Arrangement
3. Receivership
4. Members’ Voluntary Liquidation
5. Creditors’ Voluntary Liquidation
6. Provisional Liquidation
7. Official Liquidation

For corporate insolvency self evaluation, click OBP Insolvency Checklist

Liability limited by a scheme approved under Professional Standards Legislation.