Post
Topic
Board Securities
Re: [BitFunder][BTCT.co] - KENILWORTH - Real World Mining Opportunity with Bitcoins
by
adameb
on 06/08/2013, 15:11:27 UTC


Link to ASIC site:    

http://bit.ly/12XzZ9d

After looking at the site, please feel free to reTweet:
http://clicktotweet.com/dhw2c


This is fine, but according to the this corporations act on from ASIC, http://www.austlii.edu.au/au/legis/cth/repealed_act/cl184/s601ab.html, the deregistering takes place 2 months afterwards.  The date of publication was July 16, so the fact that it hasn't been deregistered on Aug 7 doesn't mean much.

It begs the question, which of these reasons was the one that started the deregistering procedure?

   ASIC may decide to deregister a company if:

(a)
    the company's annual return is at least 6 months late; and
(b)
    the company has not lodged any other documents under this Law in the last 18 months; and
(c)
    ASIC has no reason to believe that the company is carrying on business.


    ASIC may also decide to deregister a company if the company is being wound up and ASIC has reason to believe that:

(a)
    the liquidator is no longer acting; or
(b)
    the company's affairs have been fully wound up and a return that the liquidator should have lodged is at least 6 months late; or
(c)
    the company's affairs have been fully wound up under Part 5.4 and the company has no property or not enough property to cover the costs of obtaining a Court order for the company's deregistration.