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Winding up of a company if it is “just and equitable”
Section 461(k) of the Corporations Act 2001 (Cth) is a discretionary power of the court to order the winding up of a company if it is “just and equitable” to do so. This power is often used in cases where there is no other statutory ground for winding up, but where the company is in a position where it cannot continue to operate effectively or fairly.
How proceeds work in relation to PPSR PMSI registrations
How proceeds work in relation to PPSR PMSI registrations A purchase money security interest (PMSI) is a special type of security interest in personal property
Statutory Demands
A refresher for accountants With the ATO ramping up small business debt collections at the moment, it is quite likely that your clients who are
How Superannuation Guarantee Charge (SGC) Statements Work for Directors
How Superannuation Guarantee Charge (SGC) Statements Work for Directors As a director, you have a legal obligation to ensure that your company meets its superannuation
ATO Doubles Down on Debt Recovery Efforts
The ATO is doubling down on its debt recovery efforts, with a focus on aged, high-value debts. This is in response to the growing collectable
Section 444GA of the Corporations Act: Transfer of shares in a company in administration
Section 444GA of the Corporations Act 2001 (Cth) (Corporations Act) allows a deed administrator of a company in administration to seek leave of the Court
