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- W537846 abstract "On 23rd June 1993, the Corporate Law Reform Act 1992 was proclaimed which promulgated the birth of a new scheme of voluntary administration introduced in Part 5.3A of the Corporations Law. Essentially, voluntary administration provides an alternative form of administration of an insolvent company with the purpose of allowing the company's business to continue where possible; or if that is not possible, to result in a better return for the company's creditors and members than would result from an immediate winding up of the company. This thesis examines the development of voluntary administration and concludes that whilst the existing legislation requires amendment and possibly extension, the concept is a welcome reform. Suggested amendments and extensions to the existing legislation are explored and several submissions are made to overcome some of the existing problems." @default.
- W537846 created "2016-06-24" @default.
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- W537846 date "1994-01-01" @default.
- W537846 modified "2023-09-24" @default.
- W537846 title "Voluntary administrations : will they work?" @default.
- W537846 hasPublicationYear "1994" @default.
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