What is a Provisional Liquidator?
Like Official Liquidators, Provisional Liquidators can only be appointed by a Court. The only difference between Official Liquidators and Provisional Liquidators is that Provisional Liquidators can only wind up a company on a provisional basis (ie a Provisional Liquidation).
Provisional Liquidators hold the same registration status as Official Liquidators with the Australian Securities and Investments Commission (ASIC).
ASIC regulates all liquidators (both Registered Liquidators and Official Liquidators) and they are required to file many documents with ASIC in all liquidations. Liquidators are also required to file a statement with ASIC every 3 years on all liquidations they have accepted.
Liquidation Experts, Liquidation and Bankruptcy Specialist, Liquidators Registered with ASIC, Bankruptcy Trustees Registered with ITSA, Insolvency and Liquidation Advice, All forms of corporate and personal insolvency, Liquidation throughout Australia, Part IX Debt Agreements, Part X Personal Insolvency Agreement, Bankruptcy Expert.