What are Voidable Transactions?

Under the Corporations Act 2001, there are several transactions that may be considered voidable in circumstances where a company is placed into liquidation.

Under the Corporations Act 2001, there are several transactions that may be considered voidable in circumstances where a company is placed into liquidation.

In the video, you’ll discover these key points:

  1. The common types of voidable transactions.
  2. What is unfair preferences?
  3. What is unfair loans?
  4. What should creditors be aware of when it comes to voidable transactions?

Recent Articles

Section 588FP of the Corporations Act 2001 (Cth) addresses the validity of security interests granted by a company to certain related parties, particularly its officers. This provision is designed to prevent company officers from securing personal advantages over other creditors, especially in the period leading up to an external administration.

When a business faces insolvency, one of the most overlooked yet critical aspects is ensuring that administrators and receivers are legally and correctly appointed. In this episode of The Cut, expert insolvency lawyer Nick Christiansen from Sparke Helmore joins the conversation with host Simon Cathro, to break down valid vs.

The Superannuation Guarantee Charge (“SGC”) is the amount employers are required to pay in respect of their eligible employees when they fail to pay the required minimum to the nominated funds by the due date. SGC is comprised of superannuation shortfall amount, nominal interest and administration fee which becomes payable