whats the diff between 'technically insolvent' or 'insolvent'
I'm sure that ASIC is more interested in this definition:
CORPORATIONS ACT 2001 - SECT 95A
Solvency and insolvency
(1) A person is solvent if, and only if, the person is able to pay all the person's debts, as and when they become due and payable.
(2) A person who is not solvent is insolvent.