Kazar Slaven offers professional services and advice to companies and individuals in Canberra and throughout the East Coast of Australia who are facing financial difficulty, as well as specialist advice to creditors, banks and financial institutions.

2. About Kazar Slaven
• Kazar Slaven offers professional services and advice to
companies and individuals in Canberra and throughout
the East Coast of Australia who are facing financial
difficulty, as well as specialist advice to creditors, banks
and financial institutions. Combined, our senior staff
have over 80 years’ experience in the industry, ensuring
that you receive the very best advice to assist in your
accounting and insolvency issues.
• Kazar Slaven is a leader in the accountancy sector with
extensive knowledge of the Canberra region and a depth
of resources. We have an extensive staff team and are
focused on business problem solving and insolvency
issues.
• We take an analytical approach to the problem to find

3. Our Team
We have teamof professionals:
Hanry Kazar
Michael Slaven
Lyndell Kazar
Courtney Kazar
Aaron Torline
Amanda Webb
Cathy Wang
Claire Demaine
Daniel del Rio
 Jack Steedman
 Jacquie Howard
 Lachlan Abbott
 Melissa Lucas
 Michael Lawless
 Nicholas Polhill
 Stanley Pineda
 Tim Womack

4. Corporate Insolvency
At corporate insolvency we have :
Voluntary Administration
Deed of Company Arrangement
Creditors’ Voluntary Liquidation
Court /Official Liquidation
Provisional Liquidation
Corporate Receivership
Members’ Voluntary Liquidation

5. Voluntary Administration
• In Voluntary Administration, a Kazar Slaven partner,
individually or jointly, acts as an administrator to
investigate and determine the possible future for a
company.
• Voluntary administration allows the business, property
and affairs of a company to be administered in a way
that maximises the chances of a company’s continuation
or provides an outcome resulting in better return for the
company’s creditors rather than immediate wind-up.
• A company’s directors initiate voluntary administration in
writing. It is then the administrator’s responsibility to
convene an initial meeting with creditors within eight
business days where the creditors have the right to
replace the administrator. An investigation is then done

6. Deed of Company Arrangement
• In a Deed of Company Arrangement (DOCA), the
creditors of a company appoint one of the Kazar Slaven
partners to act as the deed administrator.
• DOCA offers creditors the potential of greater return than
if the company were to be placed into liquidation. This
can be achieved in a number of ways; for example, the
contribution from directors or members or the injection of
capital by an investor or purchaser. For creditors to
accept a DOCA proposal, it’s necessary for the
administrator to demonstrate that the likely result would
produce a better outcome than the winding up of the
company.
• The DOCA binds the deed administrator, the company
and its officers and members, and for the duration of the

7. Creditors’ Voluntary
Liquidation
• The Kazar Slaven partners, individually or jointly, act as
liquidator to investigate that all the assets of the
company have been accounted for and distributes those
assets amongst the creditors.
• This method of winding up an insolvent company is
commenced by the shareholders, however the
appointment of the liquidator may either be ratified by
the company’s creditors or they may nominate and vote
for the appointment of an alternate liquidator.
• The role of the liquidator is to realise the assets of the
company and distribute those assets equitably amongst
the creditors, conduct an investigation in order to
determine whether all of the assets have been properly

8. Court / Official Liquidation
• This process of winding up an insolvent company
involves the court making a winding up order and
appointing the Kazar Slaven partners, individually or
jointly, as the Official Liquidator. An application for such
an order is usually made by a creditor but may be made
by the members, a liquidator or ASIC.
• The role of the Official Liquidator is the same as in a
Creditors’ Voluntary Liquidation, ie to wind up the affairs,
distribute equitably the company’s assets, and to
conduct an investigation. The primary task of the
liquidator in both cases is to protect the interests of
unsecured creditors.
• The failure of a company to comply with a statutory

9. Contact Us
Address : Level 3 Engineering
House
11 National Circuit
Barton ACT 2600
GPO Box 138
Canberra ACT 2601
Telephone: 61 2 6285 1310
Facsimile: 61 2 6215 8450
Email: info@kazarslaven.com.au
Website:
http://www.kazarslaven.com.au/

10. Contact Us
Address : Level 3 Engineering
House
11 National Circuit
Barton ACT 2600
GPO Box 138
Canberra ACT 2601
Telephone: 61 2 6285 1310
Facsimile: 61 2 6215 8450
Email: info@kazarslaven.com.au
Website:
http://www.kazarslaven.com.au/