NON-LOCKDOWN DPN - PUTS COMPANY INTO SBR BUT PROPOSAL NOT ACCEPTED - NOT LIABLE FOR DPN?

MY CLIENT HAS RECEIVED A NON-LOCKDOWN DPN. IF HE APPOINTS AN SBR RESTRUCTURING PRACTITIONER WITHIN THE REQUIRED 21 DAYS BUT CREDITORS DO NOT ACCEPT THE COMPANY'S PROPOSAL, IS HE OFF THE HOOK FOR THIS DPN?
#smallbusinessrestructuring #sbr #liquidation #voluntaryadministration #bankruptcy #receivership #insolvency #restructuring #accounting #tax #trusts #law #litigation #finance #business #australia #covid19
Do you have questions about restructuring, liquidation or bankruptcy? Call me (Louisa Sijabat) on 02 8358 8051 and I'll walk you through the process, step by step, and answer all of your questions.
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