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Ann: Appointment of receivers and managers, page-60

  1. Haplo
    17,056 Posts.
    lightbulb Created with Sketch. 3840
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    30/08/19
    23:41
    Post #: 40255720
    Just to clarify, there are two groups in the mix.

    The VA who was appointed by A40

    https://asic.gov.au/regulatory-reso...luntary-administration-a-guide-for-creditors/

    and The Receiver appointed by GXY after A40 appointed the VA

    https://asic.gov.au/regulatory-reso...creditors/receivership-a-guide-for-creditors/


    Two groups who both have different priorities - however, they "should" both be working together to some degree.

    Please read each of the group's roles section. You will understand why A40 appointed the VA first.
    A40 Price at posting: 8.2¢ Sentiment: Hold Disclosure: Held
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