REP 129 Review of s439A reports for voluntary administrations
Released 13 June 2008.
Voluntary administrators are required to prepare a report under s439A of the Corporations Act 2001 (Cth) (Corporations Act) to enable creditors to make an informed decision about the future of the company under administration.
ASIC has reviewed a number of these reports against the requirements in s439A, taking into account case law and industry guidance. This report presents the findings of our review.