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ARTICLE · 16 OCTOBER 2026

What Is Administration In Insolvency Law?

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In Australian corporate insolvency law, administration is a formal process under Part 5.3A of the Corporations Act 2001 (Cth). An external administrator is appointed to take control of a company while its business, property, affairs and financial circumstances are investigated and creditors consider the company’s future.

AustraliaInsolvency/Bankruptcy/Re-Structuring
Thomas Cunningham
Thomas Cunningham
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Are you a director of a company that is struggling to pay its debts?

Perhaps creditors are threatening action, cash flow problems persist, or you are unsure about your duties as a director.

If so, in Australia, it is important to understand what company administration involves and to seek advice early.

Acting promptly may preserve options that will no longer be available if the company’s financial position deteriorates.

Administration in Insolvency Law

In Australian corporate insolvency law, administration is a formal process under Part 5.3A of the Corporations Act 2001 (Cth). An external administrator is appointed to take control of a company while its business, property, affairs and financial circumstances are investigated and creditors consider the company’s future.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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