Other · Insolvency, Restructuring & Bankruptcy

Declaration of independence, relevant relationships and indemnities (DIRRI), with appointment lodgement checklist

Original DIRRI template for a voluntary administrator or liquidator in a creditors' voluntary winding up, covering the s 60 relevant-relationship and indemnity declarations, plus a checklist of first-week notices and ASIC lodgements, including Form 505.

Kind
Other. A precedent that fits none of the other kinds.
Where it applies
Australia
AI use
Red Keep AI out of the decisive steps. A lawyer does the work.
Law stated as at
17 October 2026
Status
Maintained. Checked against the cited sources on 17 October 2026.
Version
1
Source
Written for this library

When to use it

Use when a registered liquidator accepts appointment as administrator or as liquidator in a creditors' voluntary winding up, and for replacement declarations. Do not use as a substitute for the practitioner's own independence assessment or the professional standards that bind them.

How AI may be used

Lawyer- and practitioner-led. The declaration is the practitioner's personal statement, and errors can lead to removal, offences and loss of remuneration. AI may run searches and fill in company particulars for checking only.

AI may

  • Run conflict searches across the firm's client, matter and time records for the company, its directors, associates and secured creditors, and list every hit with its source.
  • Fill in company particulars (name, ACN, registered office, directors, secured parties) from the ASIC extract and PPSR search for checking.
  • Compare a completed draft against the s 60 categories and the checklist below and list anything missing.

AI must not

  • Must not conclude that a relationship does not create a conflict of interest or duty.
  • Must not draft the practitioner's reasons for believing a relationship does not create a conflict.
  • Must not lodge the declaration, Form 505 or any notice.

The lawyer checks

  • Every relationship within the 24-month window has been searched for and disclosed, including referral sources and pre-appointment meetings.
  • All indemnities and up-front payments are disclosed with indemnifier and extent.
  • No s 448C or s 532 disqualification applies.
  • Lodgement and notice deadlines in Part B are diarised and met.

Method: how the Green, Yellow and Red levels are decided. This is guidance for planning, not legal advice.

Authorities

Official form

Open the official form. Always use the current version from the issuer.

Read the full text

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