Tag Archives: liquidation
Reform to combat rogue financial advisers opening ‘Phoenix’ companies
SLACK financial regulation is allowing failed and insolvent financial advisers and companies to reopen their businesses under a different name, just like the notorious building industry practice of using so-called “phoenix” companies. Continue reading
Australian small businesses facing ‘uphill battle’ amid rents, dollar, internet competition
FOR 16 years Noel Fergusson and his wife Narelle have owned and run Leading Edge Music in Warriewood on Sydney’s Northern Beaches. Continue reading
The tax refund that was too good to be true
This scam website bears a striking similarity to that of the ATO. Continue reading
Stuart Ariff arrested on ASIC charges
Former liquidator, Mr Stuart Ariff, has appeared in the Hornsby Local Court after his arrest on 19 criminal charges following an investigation by the Australian Securities and Investments Commission (ASIC). Continue reading
Solvent companies find themselves being placed into a liquidation
There are occasions when perfectly solvent companies find themselves being placed into a liquidation. Usually this happens because a director, or someone associated with a company, has failed to notice a statutory demand or a wind up application which has come to the registered address of the company. Continue reading
Rise in middle-class bankrupts
PROFESSIONALS and people on high incomes are declaring bankruptcy faster than ever in Australia. Continue reading
Are you a Director? Have you moved lately? Update your residential address on the ASIC register – or else!!
Company directors MUST ensure their residential address details are kept up to date on the ASIC register. Continue reading
Director jailed for seven years for destroying documents and fraud
Mr Oliver Banovec, 32, of Bellevue Hill, Sydney, NSW, has been sentenced to seven years jail, with a non-parole period of four years nine months in the District Court of NSW. Continue reading
ASIC bans WA director for five years
ASIC has disqualified Mr Mark Travis Goldenberg of West Leederville, Western Australia, from managing corporations for five years. Continue reading
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