Deed of Company Arrangement (DOCA) Acceptance
Form number: DOCA / Form 5051
A binding agreement, voted on by creditors at the second meeting of a Voluntary Administration, that compromises the company's debts. A DOCA can return the company to its directors with a fixed cents-in-the-dollar return to creditors over time, often saving the business as a going concern.
Official source
asic.gov.auRelated topics
docadeed of company arrangementvoluntary administrationasiccreditor compromiserescuecompany debt agreementcreditor votebusiness rescue planinsolvency agreementcompany restructureavoid liquidationcompany comebackdebt compromise dealcompanybankruptcydebt agreement
Related forms
- ASIC Form 484 — Notification of Company ChangesForm 484
- ASIC Form 6010 — Voluntary Deregistration of a CompanyForm 6010
- ASIC Form 524 — Presentation of Accounts and Statement (Winding Up)Form 524
- Members Voluntary Liquidation (MVL)Form 520 / Form 205
- Creditors Voluntary Liquidation (CVL)Form 205 / Form 509
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