Statutory Obligations

Section 42-30 Insolvency Practice Rules (Bankruptcy) IPRB Div 42 outlines the preliminary inquiries and actions that a trustee is expected to undertake at the commencement of each Bankruptcy administration. A key obligation of the Trustee is to give certain minimum items of information to creditors.

Question: Information to be provided to creditors by the Trustee in Bankruptcy. What items of information should be disclosed to creditors ?

Please refer to s70-30 (2) & (4) IPRB (Insolvency Practice Rules (Bankruptcy) and s70-50 Schedule 2 Insolvency Practice Schedule (Bankruptcy)