With three Registered Liquidators, Bent & Cougle is able to act as:

• liquidators

• receivers and managers
• controllers
• administrators.

Bent & Cougle Pty Ltd conduct both Voluntary (director initiated) and Official (generally creditor initiated) Liquidations.

For companies in financial difficulties or creditors seeking to wind up a company, we can advise on and assist in conducting Liquidations.

Bent & Cougle Pty Ltd can act as receivers for lenders so as to oversee the operations of a business and/or realisation of its assets to enable the lender to be repaid.

These provisions were introduced in 1993 with the objectives being to:

• maximise the chances of a company, or its business continuing in existence, or

• if that is not possible, results in a better return for the company’s creditors and members than would result from an immediate winding up of the company.

The process allows a company a moratorium period from essentially all its creditors whilst the administrator in conjunction with the directors and their advisors, investigates the formulation of a proposal for a Deed of Company Arrangement to maximise the return to creditors.

It provides for a settlement between a company and its creditors. A Deed of Company Arrangement may provide for a company to trade on after re-organisation or cease trading but avoid liquidation.

Bent & Cougle Pty Ltd can act for mortgagees who wish to take possession of specific assets over which they have a charge, with a view to being repaid moneys they have advanced.

With experience derived from administering all types of insolvency appointments we are able to:


• report on the assets and financial position of companies for directors, lenders, debtors and creditors


• provide solvency reports for directors, creditors and litigation purposes


• assist in monitoring a businesses performance and managing a turnaround, and


• assist company boards when there is disagreement about the management and future direction of a company.