Deed of Company Arrangement

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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;

1. a moritorium of the company's debts for a set period of time
2. a composition that sees creditors accept something less than 100 cents in the dollar on their debts
3. a plan to repay the outstanding amount owed by the company in instalments
4. 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.