ASIC has, for the first time, published detailed data and insights into how voluntary administrations (VAs) and deeds of company arrangement (DOCAs) are operating in practice, providing a clearer picture of when the processes are being used, the outcomes being produced, and the types of companies most likely to benefit.
The Report 836 Review of voluntary administration and deed of company arrangement process: 2021-25 (REP 836) looked at 3,528 grouped appointments (including 5,020 companies) entering VA between 1 July 2021 and 30 June 2025.
ASIC Commissioner Kate O’Rourke said, ‘The review provides a stronger evidence base for understanding how voluntary administrations and deeds of company arrangement are operating in…