this is a study of the topic of insolvency of a company leading to its wind up by either the members

or the creditors, or alternatively how a company might be saved from liquidation.

. What are the signs that a company is insolvent, and what actions and proactivity is required

of the directors in these circumstances?

. What are the potential liabilities of company directors in the event of a company becoming

insolvent?

. What are the different avenues available to the company, in particular to the directors, if the

company is presumed to be insolvent?

. What is the difference between voluntary and involuntary interventions by different parties

concerned by the potential insolvency of the company?

. What might be a good outcome for a company other than being wound up by the creditors,

and how might this be achieved?

. What are the statistics on insolvency regarding Australian companies?

. Are there any topical issues regarding insolvency of Australian companies?

. What is the role of ASIC and any other statutory authorities regarding an insolvent

company?