by precedence | Mar 4, 2021 | General News
From 18 February 2021 changes to the Australian Law were introduced by the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020 meaning that: if a director’s resignation is not notified to ASIC within 28 days, the resignation will take effect on the date of...
by Miller Harris | Sep 9, 2020 | Knowledge
Director Identification Numbers – more Than Just A Vehicle For Regulation Miller Harris Business Legal Services: On 22 June 2020 the Commonwealth Government passed into law new legislation requiring company directors and executive officers of companies to obtain and...
by Tim McGrath | Aug 30, 2018 | General News
Illegal phoenix activity is a means by which unscrupulous company directors seek to avoid payment of a company’s creditors. It typically involves the transfer of a business (or assets) from one company shell to another, without properly recognising the value of the...