From 1 July 2010, there have been some extremely important changes in respect of Director Penalty Notices (“DPN”) that you (and your clients) need to know: Continue reading
Tag Archives: Voluntary Administrator
Sydney liquidator’s registration suspended
Following an application by ASIC, the Administrative Appeals Tribunal (AAT) suspended Mr Geoffrey McDonald’s registration as a liquidator for two years after finding he failed to carry out or perform adequately and properly his duties as a liquidator under s1292 of the Act. 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
Retailer goes into Voluntatry Administration – Industry says more will follow
UPMARKET suit and shirt retailer Herringbone has collapsed just days after industry bosses warned that smaller retailers were likely to fail as the economy continues to deteriorate. Continue reading
ASIC commences proceedings against Stuart Ariff
The Australian Securities and Investments Commission (ASIC) has commenced proceedings in the Supreme Court of New South Wales against Mr Stuart Ariff, of Newcastle, New South Wales. Continue reading



