Can I be a Director of another company if I liquidate my current one?November 11th, 2015
Can I be a Director of another company if I liquidate my current one?
In normal circumstances yes, you can. You can be a Director of another company now and in the future.
There are occasions where ASIC will ban indivudals from being a Director – and I think that is fair enough……if a Director has had multiple failed companies….if a Director has continually done irresponsible or immoral things, and potentially criminal actions……
However – most Directors who liquidate a business for the first time have not had to do this out of malicious intent….and so are given the benefit of the doubt that they will learn from their mistakes and go on to build a new successful business.
Get Free Expert Advice Now
Regardless of what you’re currently facing, the first step is to discuss your situation with a qualified expert today, so you can make the right decisions moving forward. But don’t delay. The faster you act on your own behalf and take charge of the situation, the better your outcome could be. It’s FREE to talk with us, so why wait?
Click here to contact us or call us now on 1300 789 499.
If Your Business Finances Are Out Of Control, We Can Help.
Call us on 1300 905 107 or Click Here For More Information.
Latest posts by David Hill (see all)
- Biggest Business Collapses and Voluntary Administrations of 2018 - March 8, 2019
- A Guide to Receivership - March 6, 2019
- Why Should Your Business Invest in Legal Advice? - March 4, 2019