10-08-2010
August 2010 Newsletter
29-07-2010
Kypo Pty Limited t/as Oxley Commercial Catering Equipment
28-06-2010
The Supercar Club Pty Limited
28-06-2010
TSCCF Pty Limited
25-06-2010
June 2010 Newsletter
01-06-2010
May 2010 Newsletter
14-05-2010
December 2009 Newsletter
14-05-2010
March 2010 Newsletter
07-05-2010
B&H Medcalf Pty Limited
24-03-2010
24 James Street, Morpeth - Morpeth Guesthouse
10-03-2010
J. Wishart Plumbing Pty Limited
11-01-2010
Allbarry Recruitment & Training Pty Limited (In Liquidation)
10-12-2009
L & G Print Group
13-11-2009
All American RV's & Trucks Pty Limited (In Liquidation)
13-11-2009
Zelbarry International Pty Limited (In Liquidation)
13-11-2009
Hulpro Design & Engineering Pty Limited (In Liquidation)
13-11-2009
Rads Hydraulic Mechanical Services Pty Limited (In Liquidation)
13-11-2009
Euro Bar & Grill Hamilton Pty Limited (In Liquidation)
11-11-2009
Capital Homes
05-10-2009
Bankruptcy Supervisor
02-10-2009
Deed of Company Arrangement
01-10-2009
Outback Developments Pty Limited (In Liquidation)
01-10-2009
P.I.C. Co Pty Ltd (In Liquidation)
01-10-2009
Polly K Pty Ltd (Receiver & Manager Appointed)
01-10-2009
Tivolap Pty Limited (Receivers & Managers Appointed)
30-09-2009
Personal Insolvency Arrangements
30-09-2009
Agent for the Mortgagee
30-09-2009
Court Appointed Trustee
30-09-2009
Hospitality Services
30-09-2009
Baker with no dough
30-09-2009
Club Crisis
30-09-2009
Damages and the Debtor
30-09-2009
Steel Construction Struggling
30-09-2009
Janjet Pty Ltd (In Liquidation)
29-09-2009
Voluntary Administration
29-09-2009
Members Voluntary Liquidation
29-09-2009
Creditors Voluntary Liquidation
29-09-2009
Official Liquidation
29-09-2009
Receivership
29-09-2009
Provisional Liquidation
29-09-2009
Consulting
29-09-2009
Bankruptcy
Creditors Voluntary Liquidation
The Creditors’ Voluntary Liquidation process or CVL is a fast effective means by which directors of an insolvent company can comply with their statutory duties regarding insolvent trading and quickly mitigate further losses to themselves and creditors. The process is voluntarily instigated by the directors, members and creditors of the company once they have determined that there is no prospect of saving the business. Alternatively a CVL can follow a voluntary administration. The Liquidator’s primary functions are to investigate and report the reasons for corporate failure, and secure, realise and distribute company assets to creditors.
Recent amendments to the Corporations Act now make the CVL process an option available to Director's attempting to avoid liability for a Director's Penalty Notice issued by the Commissioner of Taxation.
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