What are Voidable Transactions?

CP
Cathro & Partners

Contributor

Cathro & Partners are experts in providing insolvency and restructuring services that help to create and preserve business value. With a reputation for delivering high quality results, we can assist your business to overcome strategic and financial challenges. You can rely on our team to find the right solution for you and protect the interests of stakeholders. We pride ourselves on identifying tailored solutions for your business.
Several transactions may be considered voidable in circumstances where a company is placed into liquidation.
Australia Insolvency/Bankruptcy/Re-Structuring
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Under the Corporations Act 2001, there are several transactions that may be considered voidable in circumstances where a company is placed into liquidation.

In the video, you'll discover these key points:

  1. The common types of voidable transactions.
  2. What is unfair preferences?
  3. What is unfair loans?
  4. What should creditors be aware of when it comes to voidable transactions?

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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