https://www.commbank.com.au/articles/investing/shareholders-insolvent-company.htmlWhere can shareholders get information?
None of the above parties has any obligation to shareholders. The administrator is not required to report to shareholders on the progress or outcome of the administration and shareholders don’t get to vote on the future of the company.
Shareholders who are seeking information, however, can go onto the administrator’s website and typically look at the creditor’s reports there.
I.e. The liquidators are under no obligation to the shareholders.
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