There has been one company liquidation notice in the melbourne Local Government Area today, bringing the total for November to one.
Today’s liquidations:
Berry Good Elwood Pty Ltd
News Corp analysis of ASIC insolvency Notices and ABN Lookup data shows the locations of company liquidations across the state.
Here’s the list of all liquidations for November in Melbourne, by postcode:
3207:
Berry Good Elwood Pty Ltd
Liquidators are appointed to wind up the affairs of a company when it closes down.
They can be appointed in a voluntary winding up of a business; whether initiated by members or creditors; or as part of a court-ordered winding up.
Their role is to sell off the business’s assets and use the resulting funds to pay off debts, if there are any.
ASIC publishes liquidation notices, as well as other insolvency and external administration-related notices throughout the day every weekday.
The previous liquidation article for the Melbourne council area can be viewed here.
Corporate watchdog ASIC also takes action against the individuals behind failed companies. Here is a look at some of the exposed blacklist: 1000 banned or disqualified Aussie directors, advisers named