Can Creditor Meetings Be Held Online? ASIC Rules
Tuesday, 7 April 2026, 11:36 pm
Online Creditor Meetings Are Permitted — and Increasingly Common
In today’s digital-first environment, online creditor meetings are not only permitted in Australia — they are increasingly the norm. Legislative reforms introduced during the COVID-19 period have now been permanently embedded into Australia’s corporate insolvency framework, allowing meetings to be conducted fully online or in hybrid formats.
For insolvency practitioners, creditors and businesses alike, this shift offers greater flexibility, improved attendance and more efficient administration — provided all legal requirements are met.
ASIC Guidance on Virtual Creditor Meetings
The Australian Securities and Investments Commission (ASIC) has made it clear that virtual meetings are acceptable, but must be conducted in a way that ensures fairness, transparency and effective participation.
ASIC expects that:
ASIC emphasises that technology must not disadvantage participants attending remotely.
Corporations Act Provisions for Virtual Creditor Meetings
The legal basis for online creditor meetings comes from amendments to the Corporations Act 2001 and the Insolvency Practice Rules (Corporations) 2016.
These laws confirm that meetings may be held using virtual meeting technology, provided that all participants are given a reasonable opportunity to participate without being physically present.
This includes the ability to:
Source: https://treasury.gov.au/sites/default/files/2024-09/c2024-545830-asic.pdf
Technology Requirements
To meet ASIC expectations and legislative requirements, virtual creditor meetings must use interactive and reliable technology.
At a minimum, platforms should provide:
Importantly, a one-way broadcast (such as a webcast without interaction) does not satisfy compliance standards.
Ensuring Creditor Participation and Voting Rights
A central principle underpinning virtual meetings is that creditors must not be disadvantaged by attending online.
This means:
Failure to provide adequate participation mechanisms could expose the meeting outcome to legal challenge.
Proof of Debt Lodgement for Virtual Meetings
Before voting at a creditor meeting, participants are generally required to submit a proof of debt.
Under the Insolvency Practice Rules (Corporations) 2016:
Electronic lodgement aligns with the broader shift towards digital administration and supports efficient virtual meeting processes.
Source: https://classic.austlii.edu.au/au/legis/cth/consol_reg/ipr2016416/
Chairperson Responsibilities for Online Meetings
Conducting the Meeting
Managing Participation
Determining Voting Outcomes
Admitting Proofs of Debt
In a virtual setting, the chairperson must also ensure that the technology used supports these obligations without compromising fairness or accessibility.
Vero Voting: ASIC-Compliant Online Creditor Meeting Solutions
Delivering a compliant virtual creditor meeting requires more than basic conferencing tools — it demands purpose-built technology aligned with regulatory expectations.
Our platform is built to support chairpersons and practitioners in meeting their legal obligations while delivering a seamless experience for creditors.
Final Thoughts
Online creditor meetings are now firmly embedded in Australia’s insolvency landscape. While the law clearly permits virtual formats, compliance depends on technology, process and governance working together.
From ensuring creditor participation to managing voting integrity, every detail matters — particularly under ASIC scrutiny.
If you are planning a creditor meeting and want confidence that your process is fully compliant and professionally delivered, visit the Vero Voting contact page today to see how we can support your next virtual meeting.
