Insolvency practitioners (liquidators, administrators and receivers)

For bankruptcy, contact the Australian Financial Security Authority for concerns about an action taken by a:

  • bankruptcy trustee, including the Official Trustee
  • debt agreement administrator including any person who provides assistance in setting up a debt agreement
  • controlling trustee of a Part X arrangement, or
  • trustee of a Personal Insolvency Agreement.

Insolvency practitioners (liquidators, administrators and receivers)

Registered Liquidators have defined roles under the Corporations Act 2001 which include exercising their discretion on how to administer the affairs of insolvent companies.

Those roles may be performed by Registered Liquidators in their capacity as Administrator, Deed Administrator, Liquidator, Restructuring Practitioner, Restructuring Practitioner of a Restructuring Plan or Receiver/Receiver & Manager.

Registered Liquidators may be required to determine who is and who is not a creditor of an insolvent company. Depending on the type of appointment, they act either:

  • in the interests of creditors as a whole, or
  • on behalf of a secured creditor whom they represent

subject to the requirements of the Corporations Act 2001.

For information about these roles:

Read ASIC's regulatory documents on insolvency (See Australian companies: Winding up companies and insolvent external administration) and Insolvency).

Note that 'insolvency practitioner' is also a term often used to describe a person who has qualifications and/or expertise to provide some but not necessarily all insolvency related services that a Registered Liquidator provides.

We welcome reports of misconduct if a Registered Liquidator or their staff, contractors or advisors has broken the laws we enforce, but we will only contact you about your report if we need more information:


Last updated: 30/06/2023 06:00