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What Does Liquidation Mean For Shareholders
Liquidation is the process of winding up a company and finalising its affairs. When a company is facing extreme financial difficulty, it may enter into liquidation to close the business down, sell ...
Can A Director Resign When A Company Is In Liquidation
The short answer: No! And even if you resigned in the period leading up to the liquidation, you will still be held responsible for your conduct whilst you were the director. Who Is A Director? Whil...
What Happens To A Director When A Company Goes Into Liquidation
Being the director of a company experiencing financial difficulties can be scary and unknown. All too often, company directors continue to amass company debt as they view entering liquidation as a ...
Can A Company Trade Whilst In Liquidation?
Are your business troubles keeping you up at night? For many, deciding what to do with their failing business is one of the biggest decisions they will ever have to make. Is there a way to improve ...
How to Start A Liquidation
No one wants to find themselves or their business at the point of insolvency, but it’s a reality for many individuals every year. Even a once successful business can find themselves on the brink ...
How Does Liquidation Affect A Director’s Assets?
When all else fails and a business finds themselves on the brink of insolvency, the director of a company may have no choice but to seek professional advice on completing a liquidation. Insolvency ...
PERSONAL LIABILITY FOR GST STARTS 1 APRIL
Like PAYG, non-payment of GST will attract personal liability for Directors under the Director Penalty Regime in 2 ways: Unavoidable liability Fail to lodge Business Activity Statements (BAS) and I...
Fly365: How Customers Can Get Their Money Back Following Collapse
In the wake of Australian online travel booking agency going into liquidation, there’s bad news for impacted travellers chasing thousands of missing dollars. By Vanessa Brown Speaking to news.com...
Will Liquidation Of My Company Cause Me Bankruptcy?
If you’re a company director in Australia, and you’re having financial difficulty in your business and your company’s affairs, you may be considering working with registered liquidators to li...
If My Company Goes Into Liquidation, Will I Lose My House?
If you are considering working with an insolvency practitioner and your company may go into liquidation, you might be wondering what’s going to happen to your personal assets. Do you have persona...
