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Tag Archives: ASIC
Bankruptcy and company directors
A question we are regularly asked is whether a person can remain a compny director after they enter into bankruptcy. One of the consequences of bankruptcy in Australia is that you are automatically disqualified as a company director if you … Continue reading
Director duties reminder: ASIC successfully prosecutes 75 company officers
Earlier today the Australian Securities and Investments Commission issued a press release relating to the successful prosecution of 75 company directors and other officers between September and December 2010 for breaches of the Corporations Act. We reviewed the list of prosecutions and … Continue reading
Five good reasons to keep your ASIC details up to date
An issue that keeps popping up for our corporate lawyers and litigation lawyers is the failure to maintain up to date company details with the Australian Securities and Investments Commission. It is important for all businesses to have a system in … Continue reading