Pre-Insolvency Advisor
A pre-insolvency advisor can include someone like Ginette Muller who is an appropriately qualified professional advisor with many years of experience as an ASIC registered… Read More »Pre-Insolvency Advisor
November 2021
Director breach gets community service
The director of a residential building contractor in NSW placed his company into Voluntary Administration because it was insolvent or likely to become insolvent. Having… Read More »Director breach gets community service
3 failures cops 2.5 years
A Victorian director has been disqualified from managing corporations for a period of 2 years and 6 months – he was involved in 3 failed… Read More »3 failures cops 2.5 years
Re-registering a Company
If you ever wondered what would happen if you didn’t pay your annual ASIC fee (currently $267 per annum) then wonder no more. Your company… Read More »Re-registering a Company
Phoenix Taskforce goes door knocking
This week we were told that between 1 July 2020 to 30 June 2021, officers from ASIC and the ATO (‘the Taskforce’) conducted consultations with… Read More »Phoenix Taskforce goes door knocking
Legal Phoenix
Not all company failures involve illegal phoenix activity, as genuine company failures do occur. Where a director has responsibly managed a company and it subsequently… Read More »Legal Phoenix
Illegal Phoenix
Illegal phoenix activity is difficult to define and certainly there is no obvious statutory offence that refers to such behaviour in the Corporations Act. The… Read More »Illegal Phoenix