What Does ‘Strike-Off Action in Progress’ Mean?

What Does ‘Strike-Off Action in Progress’ Mean?

Jan 20, 2026

The Australian Securities and Investments Commission (ASIC) oversees every corporate entity in the country. ASIC maintains a register that all companies and organisations are required to be a part of. Oversight from ASIC ensures that companies and their directors are...
Statutory Demand Notice

Statutory Demand Notice

Jan 20, 2026

If your business is struggling with insolvency, it’s possible that you’ll receive a Statutory Demand Notice from a creditor. Statutory Demand Notices are formal attempts by creditors to recover debts. Receiving a Statutory Demand is a serious matter that can’t be...
What is a Director Penalty Notice

What is a Director Penalty Notice

Jan 21, 2025

Company Directors have a responsibility to ensure the company is paying its taxes on time. The Australian Taxation Office (ATO) enforces this responsibility using Director Penalty Notices (DPNs). If you receive a DPN, it’s important to seek professional advice and...
Comparing Small Business Restructuring and Voluntary Administration

Comparing Small Business Restructuring and Voluntary Administration

Dec 1, 2023

Corporate insolvency law is some of Australia’s most complicated legislation. There are lots of options available, and deciphering the differences can be a challenge. This changed in 2021 when the Australian Government released two new insolvency processes: Small...
Process of Declaring Bankruptcy

Process of Declaring Bankruptcy

Oct 21, 2021

Process of Declaring Bankruptcy                   What is Bankruptcy? When a person is unable to pay their debts or reach a suitable agreement to repay their debts to creditors (a creditor is a company or person who is owed...