Prepare appointment papers for administration, liquidation, receivership or SBR
Key facts
- Human involvement
- RedLawyer-led
- How AI is used
- From instructions and company extracts, build the appointment checklist set by the Act and the Insolvency Practice Rules, tabulate the company’s officers, registered office, registered charges and creditor addresses, and list the company records still missing. The tool writes no part of the consents, the notices, the ASIC Form 505/509 cover letters or any first-day affidavit or declaration of solvency — no draft, no scaffold, no suggested paragraphs; on the sworn material it may only index the exhibits, list facts that still need a source and check the form against the court’s and the Rules’ requirements.
- What the lawyer must review
- Verify form numbers against the current Insolvency Practice Rules (Corporations) 2016
- Check appointment date, time and appointor authority against the resolution or order
- Diarise the Form 505 lodgement deadline yourself
- Confirm registration on ASIC Connect and the registered office
- Written for / version
- Commonwealth versionCth
Rules that apply
The document starts from the task name. Change it if this piece of work is different.
Who does what
| Role | What they do |
|---|---|
| Assistance | Supporting preparation only. Potential support includes extracting and organising information and preparing preliminary structure or wording. Confirm the tool’s capability and permitted scope. Substantive advice, judgement and any restricted content remain with the responsible human. |
| Lawyer | Perform the substantive analysis and decisions. Independently check any permitted supporting work and approve the exact output for its intended use. |
Checklist
- Open each relied-on authority independently. Confirm its existence, current status, proposition and any quotation or pinpoint reference.
- Calculate operative dates independently from the current rule and actual triggering event. Check exceptions and record the verified deadline.
- Obtain and inspect the relevant current official register or search result. Confirm identities, interests and the date and scope of the search.
- Verify the applicable jurisdiction and the version of each relevant law, rule or instrument in force at the material time.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.