Archive for June, 2013

  • Is My Company Insolvent? How do I know?

    You’re having difficulty keeping on top of your company’s creditors, paying its taxes and the bank is putting pressure on your company overdraft, but you feel it is all a temporary cash flow issue. Is my company insolvent? The Act Section 95A of the Corporations Act 2001 (the Act) expresses insolvency as an inability to pay debts as and when [...]
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