Voluntary administrations : will they work?

Rose, Michael Stephen. (1994). Voluntary administrations : will they work? Master's Thesis, School of Business, The University of Queensland.

       
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Author Rose, Michael Stephen.
Thesis Title Voluntary administrations : will they work?
School, Centre or Institute School of Business
Institution The University of Queensland
Publication date 1994
Thesis type Master's Thesis
Total pages 89
Language eng
Subjects 1503 Business and Management
Formatted 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.

 
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Created: Wed, 03 Nov 2010, 11:51:56 EST by Muhammad Noman Ali on behalf of The University of Queensland Library