In this section, Australian Company Liquidations provides the latest news and tips in business insolvency and liquidations.

Avoid Company Liquidation With These 2 Steps

Is company liquidation a threat that is starting to become all too real? This article will explain two simple steps you can take to avoid the threat of a company liquidation.   Identify opportunities where you can increase cash inflow Too often, company directors are in possession of surplus stock or occupy surplus space. This means that they are missing out on opportunities to increase their cash flow and make a little extra income. We recommend that all company directors

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Consider the differences between a Company Liquidation and Voluntary Administration

What is a Company Liquidator? When considering a company liquidation, many people can confuse the roles of liquidators and administrators. In order to solve this misconception, we’ve put together some key points to help you differentiate. What is the Purpose of a Liquidator? Company liquidators are responsible for the entire process of a company liquidation. This includes selling the company’s assets and distributing any surplus funds to creditors in accordance with the priorities set out in the law.  Liquidators must

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Wondering how to sell your assets during the wind up process?

Have you ever considered the process of asset sale before or during liquidation? It is not as straightforward as you may have thought, so we have come up with a short list of issues to consider. Sale of assets at “market value”. When any company assets are sold during liquidation, the liquidator will most likely need to obtain an independent valuation of those assets before going ahead and selling the assets. The reason is that the liquidator has a duty

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