Liability limited by a scheme approved under Professional Standards Legislation                                                                                                                            © 2018 by Bruce Mulvaney & Co

Bruce Mulvaney & Co​

 

Tel: (03) 9896 9000

Fax: (03) 9896 9001

Email Bruce Mulvaney

Level 4, 858 Glenferrie Rd,

Hawthorn, Vic, 3122

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Whitehorse Business Group

November 18, 2016

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Recent News

New Procedures Have Commenced

September 5, 2017

 

Key Insolvency Law Reform amendments became effective on 1 September 2017

  • Initial Communication to Creditors soon after appointment

 

  • Statutory Report (also known as the Dividend Report) to be prepared by a Liquidator within 3 months of appointment

 

  • Voting by Proposal eliminating need to call a Creditors Meeting

 

  • Creditors’ Rights in Liquidation 

     

  • Right to request a meeting

  • Right to request information

  • Right to give directions to Liquidator

  • Right to appoint a reviewing Liquidator

  • Right to replace a Liquidator

 

New Steps to Register Liquidators and to renew Registrations

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