Liquidator Financial Records Access

Summary

In New South Wales, directors or creditors can request financial records from a liquidator, including receipts, payments, and expenses. Liquidators must maintain records like the Statement of Affairs and reports to ASIC. They have obligations to creditors, such as asset distribution and regular updates. Accessing records of remuneration and expenses requires a formal request. A creditors proof is a formal statement for debt claims.

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receipts and expenses
In New South Wales, a director or creditor can request the liquidator to provide detailed financial records, including receipts and expenses. You may request:
- Receipts and Payments: This record includes all financial transactions made by the liquidator.
Would you like information on how to formally request these records?
what records must a liquidator keep or create
In New South Wales, a liquidator must keep or create the following records:
- Statement of Affairs
- Liquidator’s Final Report
- Receipts and Payments
- List of Creditors and Debtors
- Minutes of meetings
- Reports to ASIC
Would you like more details on any of these records?
yes
In New South Wales, the records a liquidator must keep or create include:
- Statement of Affairs
- Liquidator’s Final Report
- Receipts and Payments
- List of Creditors and Debtors
- Minutes of meetings
- Reports to ASIC
Which specific record would you like more details on?
what must liquidators do
In New South Wales, liquidators have several duties, including:
- Investigating the company's affairs.
- Realizing and distributing the company's assets.
- Reporting to creditors and ASIC.
- Conducting meetings with creditors.
- Providing regular updates to creditors.
Is there a specific duty you are interested in learning more about?
what records must liquidators keep about their renumeration and expenses
In New South Wales, liquidators must keep detailed records of their remuneration and expenses, including:
- Detailed time records of all work performed.
- Invoices and receipts for all expenses incurred.
- Periodic reports to creditors detailing remuneration and expenses.
- Approval documentation for remuneration from creditors or the court.
Would you like to know how to access these records?
yes
In New South Wales, you can access records of a liquidator's remuneration and expenses by formally requesting them from the liquidator. You may need to:
*. Write a formal request to the liquidator.
*. Contact ASIC for guidance.
Would you like help drafting a formal request?
what a liquidators obligations to the creditors
In New South Wales, liquidators have several obligations to creditors, including:
- Realizing and distributing the company's assets to creditors.
- Providing regular updates on the liquidation process.
- Reporting any suspected misconduct to ASIC.
- Conducting meetings with creditors to discuss progress and decisions.
- Distributing funds according to the priority of claims.
Is there a specific obligation you need more detailed information on?
what is a creditor proof
In New South Wales, a "creditor's proof" refers to a formal statement submitted by a creditor to a liquidator, detailing the amount owed by the debtor company. This document is essential for proving the debt and participating in the distribution of the company's assets.
Would you like more details on how to submit a creditor's proof?