Section 438A — Corporations Act 2001: Administrator to investigate affairs and consider possible courses of action

As soon as practicable after the administration of a company begins, the administrator must: (a) investigate the company’s business, property, affairs and financial circumstances; and (b) form an opinion about each of the following matters: (i) whether it would be in the interests of the company’s creditors for the company to execute a deed of company arrangement; (ii) whether it would be in the creditors’ interests for the administration to end; (iii) whether it would be in the creditors’ interests for the company to be wound up.