Business Articles

Contents What is Voluntary Administration?  Key Reasons to Opt for Voluntary Administration  The Process of Voluntary Administration  Employee Entitlements in Voluntary Administration  The Best Outcomes for Different Creditors in Voluntary Administration  Benefits of...

Contents What is Receivership?  Causes of Receivership  Duration of a Receivership  How a Company is Affected During Receivership  The Roles and Responsibilities of a Director  The Role of a Receiver  How Receivership Impacts Creditors Impact of Receivership on...

Contents What is Insolvency? Signs of Insolvency Types of Insolvency The Insolvency Processes Difference Between Insolvency and Liquidation ASIC's Role in Insolvency What is Insolvency? Insolvency occurs when a company or person faces such significant financial...

Contents What are Preference Shares?  Classification of Preference Shares  Key Things to Consider When Buying Preference Shares  How to Buy Preference Shares  Selling Preference Shares  Who Invests in Preference Shares?  Rights Attached to Preference Shares  Drawbacks...

Contents What are Dividend Access Shares?  Documentation  Tax Implications  Practical Applications  Risks and Limitations  Dividend Access Shares vs Other Shares  What are Dividend Access Shares?  Dividend Access Shares are a corporate financial management tool,...

Contents What are Ordinary Shares?  Regulatory Framework for Ordinary Shares  Rights Attached to Ordinary Shares  Limited Liability of Shareholders  Responsibilities of Ordinary Shareholders  Issuance and Trading of Ordinary Shares  Ordinary Shareholder - Advantages...

Contents What is a Creditor?  What is an Unsecured Creditor?  Common Scenarios Leading to Unsecured Debts  Position in the Hierarchy of Claims  Rights of Unsecured Creditors  Responsibilities of Unsecured Creditors  Challenges Faced By Unsecured Creditors  What is a...

Contents What are Secured Creditors?  Rights of Secured Creditors in Case of Default  Importance of the Personal Property Securities Register (PPSR)  Difference Between Secured and Unsecured Creditors  Challenges Faced By Secured Creditors  What are Secured...

Contents What is Liquidation?  Purpose of Liquidation  Types of Liquidation  Key Steps in the Liquidation Process  Impact of Liquidation on Different Parties If a Liquidator seeks to make a claim against you Order of Payment in Liquidation  Cessation of Trading ...

Contents What is a Company Director?  Who is Eligible to be a Company Director?  Eligibility Requirements for Permanent Residents and Non Citizens  Duties of a Director of a Company  Management Responsibilities of Company Directors  Director Liability and Company...