Regulatory Alerts2005-05-01 | RG-082RG 82 External administration: Deeds of company arrangement involving a creditors’ trust
The Australian Securities and Investments Commission issued this guide to clarify the interpretation of registered liquidators' obligations under the Corporations Act when considering DOCA proposals involving a creditors' trust. It specifically mandates the disclosure of information material to creditors, ensuring transparency regarding proposed deeds or their variations. The document serves as a regulatory reference for administrators appointed under Part 5.3A to ensure compliance with general law and statutory duties.
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