INFO 41

Insolvency: A glossary of terms

This is Information Sheet 41 (INFO 41). It briefly explains some of the terms you may come across in company insolvency proceedings.

Source: https://www.asic.gov.au/regulatory-resources/insolvency/insolvency-information-for-directors-employees-creditors-and-shareholders/insolvency-a-glossary-of-terms/. Rules Mate indexes + summarises; always verify against the regulator's live publication.