Insolvency Results

This page outlines a collection of information on our website regarding insolvency. You can refine these search results using the options provided in the left-hand menu.

We will constantly review and refine these results to ensure our Director Resource Centre helps you to quickly and easily find relevant information.

Please provide your feedback on the quality of these results.

See also our Director Q&A on Insolvent Trading and our submission to Federal Treasury (March 2010) as a starting point.

1-5 of 5 results

  • Insolvent Trading

    Content Type: Director Q and A

    31 Jan 2013

    The duty to avoid insolvent trading is one of the most important obligations for company directors and there are significant penalties under the Corporations Act 2001 for not complying. This Q&A covers the definition of insolvent trading and breaching the Act. It also discusses the warning signs...

  • Broader risks from insolvent trading

    Content Type: CDM Article

    01 Mar 2012

    Can directors be liable to creditors of an insolvent company where proper accounting records were not kept? Professor Bob Baxt reviews a recent court case in search of answers. The Australian Securities and Investments Commission (ASIC) regards the rules relating to accounts, financial re...

  • Submission on Exposure Draft of the Corporations Amendment (Phoenixing and Other Measures Bill) 2012

    Content Type: Policy Submission

    24 Jan 2012

    This submission to Treasury is in response to the exposure draft of the Corporations Amendment (Phoenixing and Other Measures) Bill 2012. While we support effective efforts to reduce fraudulent phoenix activity, we are eager to ensure that measures adopted to curtail the activ...

  • Vol 9 Issue 22

    Content Type: The Boardroom Report

    16 Nov 2011

    Director pessimism grows, Australia urged not to squander its good fortune, Proposed Bill proves not so super, Weathering tough times, ASIC finalises guide on prospectuses, Director pessimism grows  Over the past six months directors have become more pessimistic about current economic...

  • Submission to Treasury on Regulatory Framework for Insolvency Practitioners in Australia

    Content Type: Policy Submission

    29 Jul 2011

    The Australian Institute of Company Directors provided comments to Treasury in response to the Options Paper: A Modernisation and Harmonisation of the Regulatory Framework Applying to Insolvency Practitioners. Our submission agreed that efforts should be taken to reduce the incidence of fraudulent p...