02 8324 7463

Can I Be A Director Of Another Company If I Liquidate My Current One?

November 4th, 2016

“Can I Be A Director Of Another Company If I Liquidate My Current One?”

So in normal circumstances, the answer is yes you can – you can be a director of another company now or in the future. There are occasions where ASIC will ban an individual as a director, and I think that’s fair enough. If someone has been a director of a number of failed companies, or done immoral or irresponsible things, I think there is certainly a case for that director to be banned. However, most people who liquidate a business have not done it out of malicious intent, hopefully learn from their mistakes, and go on to be a director of another far more successful business.

If Your Business Finances Are Out Of Control, We Can Help.
Call us on 1300 905 107 or Click Here For More Information.

The following two tabs change content below.
David Hill
David has over 15 years in the insolvency industry – advising clients through restructuring of their business. His clear, “straight up” style provides clients with a strong direction of what they need to do, and how the process will work. As importantly, he brings empathy to the process – which is essential at a “high-stress” time for clients.

Popular Posts

We care about our customers

At Australian Debt Solvers we take feedback seriously and pride ourselves
on providing the best customer service possible