Pursuant to Section 601AA(2), the Commission may deregister a defunct company
as long as the following conditions are met:
All
members agree to the deregistration;
The company
is not carrying on business;
The
company's assets are worth less than $1,000;
The company
has paid all fees and penalties payable under the Law; and
The
company is not a party to any legal proceedings.
ACN DIRECT can fully coordinate the deregistration process, including:
Preparation,
lodgment, and payment of ASIC Application Form 6010;
Statement
by Member(s);
Minutes of
Meeting of Director(s); and
Immediate
notification of ASIC preliminary and final approvals.
The entire deregistration process can take approximately 3 to 5 months,
including a 2 month advertising period in the Government Gazette. ACN DIRECT
will liaise with the ASIC Deregistration Unit throughout this process, and
notify you accordingly.