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.
- Forums
- ASX - By Stock
- A40
- Ann: Appointment of receivers and managers
Ann: Appointment of receivers and managers, page-60
-
- There are more pages in this discussion • 327 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)