Скачать или смотреть Understanding Receivership

Navigating financial challenges is a daunting task for any business. In Australia, one mechanism to address such challenges is receivership. This guide provides a comprehensive overview of receivership, its processes, implications, and how the Insolvency Advisory Centre can assist businesses during these critical times.

Receivership is a legal process wherein a secured creditor appoints an independent registered liquidator, known as a receiver, to take control of some or all of a company's assets. The primary objective is to recover the debt owed to the secured creditor by managing, protecting, and potentially selling the company's assets. This process is governed by the Corporations Act and overseen by the Australian Securities and Investments Commission (ASIC).