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Daily Archives: January 14, 2009

ASIC warns boards to declare insolvency before it’s too late

BankruptcyBy EditorJanuary 14, 2009

Experts say company boards may place their businesses into voluntary administration earlier than expected, after ASIC declared it will ramp up investigations of businesses that are at risk of trading while insolvent. Experts say company boards may place their businesses into voluntary administration earlier than expected, after ASIC declared it will ramp up investigations of…

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