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Deed of Company Arrangement
Liquidation Direct - Offering practical company administration and management advice
A Deed of Company Arrangement (DOCA) is one of the options available as a consequence of a company having been placed into Voluntary Administration.
Once a company has gone into voluntary administration, the Deed of Company Arrangement is the end result of a proposal accepted by a company's creditors and usually will involve either;
- a moritorium of the company's debts for a set period of time
- a composition that sees creditors accept something less than 100 cents in the dollar on their debts
- a plan to repay the outstanding amount owed by the company in instalments
- a combination of any of the above arrangements
- What is a Deed of Company Arrangement?
- How is a Deed of Company Arrangement approved?
- When does a Deed of Company Arrangement take effect?
- Who acts as Deed Administrator and what is his/her role?
- What are some examples of what can be offered in a Deed of Company Arrangement?
- What are the advantages of a Deed of Company Arrangement to directors?
- What happens if a company fails to fulfil its obligations under a Deed of Company Arrangement?
Find out more about company administration below or to discuss the particular circumstance of the administration of your business or company, contact us directly.
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