What is a Voluntary Administration?
A Voluntary Administration is a process initiated by the director of a company when they believe that the company is or is likely to become insolvent. The Voluntary Administration period gives the company an opportunity to consider its financial position and its future. The Voluntary Administrator is appointed to control the company’s affairs, and to preserve some or all of the business.
What happens to the scheduled courses and classes?
All courses and classes are proceeding as normal and per your current timetables. You will be notified of any changes to your courses, classes or timetables.
Do I still need to complete my assignments?
Yes, as there are no changes to courses or classes, all assignments will be due as at the date provided by your trainer.
Will I still receive my certificate?
Yes, as the company is continuing to trade, students enrolled will still be receiving their certificates on completion of their course.
What happens if the company ceases to trade?
At this juncture we have no intention to cease trading the company. In the event that there are any changes to this position, you will be contacted immediately by the Administrators office. We will assist in making the transition process as easy as possible should the circumstances change.
Who do I contact for further information?
For all enquiries regarding courses, classes, timetables and assessments, please contact AGB Group Pty Ltd (Administrators Appointed) directly on 1300 123 242.
For all enquiries regarding the administration process, please contact Worrells Solvency & Forensic Accountants at [email protected].