Hotline:
400-711-2005
澳大利亞公司Australian
The last step in closing down a company is for it to be removed from the register of companies (i.e to be deregistered). Once the company is deregistered it ceases to exist as a legal entity and can no longer do anything in its own right.
Once a company is deregistered:
? the company's property (other than trust property) vests in ASIC
? trust property (i.e. property held by the company on trust) vests in the Commonwealth (represented by ASIC)
? the former officeholders no longer have the right to deal with the vested property
? any legal proceedings in which the company is a party cannot be continued (in so far as they relate to the deregistered company).
For more information see:
section 601AD of the Corporations Act 2001 (effect of deregistration)
section 8(6) of the Australian Securities and Investments Commission Act 2001 (ASIC may deal with trust property for and on behalf of the Commonwealth).
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