An insolvent company is one that is unable to pay its debts when they fall due for payment. There are three common corporate insolvency procedures for an insolvent company:

  • liquidation
  • voluntary administration
  • receivership.

Find out how insolvency of a company affects you depending on your role in the company.

AUSTRALIAN SECURITIES & INVESTMENTS COMMISSION

Read about the difference between liquidation, voluntary administration and receivership.

Australian Securities and Investments Commission
Share
Print

About us

Quick links

Related Sites

Subscribe to our newsletter
Call us on 13 28 46
Australian Government logo. Business, business.gov.au

© Commonwealth of Australia.