It is important to note that before the liquidator can finalise the winding up, he will seek the approval of the Australian Securities and Investments Commission to do so. Once provided, the liquidation will then end when:
(a) the company is dissolved by Court Order on the application of the liquidator;
(b) the company is struck off the register of companies by the ASIC; or
(c) the winding up is set aside or stayed by the Court.
