Category: Liquidator
Extensions of time to bring voidable transactions proceedings
Summary of key points: 1. Once appointed, a liquidator should commence investigations of any potential voidable transactions to claw back available funds. 2. If voidable transactions are identified, the liquidator must consider whether to bring proceedings within the period specified in section 588FF(3)(a)the Corporations Act – if there is not enough time to bring proceedings,…
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