From worrells.net.au: Liquidators and trustees possess the authority to conduct public examinations during insolvency investigations, which can be costly.
An alternative is an examination by the Official Receiver under Section 77C of the Bankruptcy Act, offering a more cost-effective and efficient method for gathering evidence related to bankrupts’ affairs.
While this process has advantages, such as lower costs and quicker execution, it may still face challenges from non-compliant parties.