Consent to Act as Official Liquidator
An Official Liquidation is an appointment made by a Court. In most cases an Official Liquidation is sought by a creditor of the company. The process will usually have been as follows:
- A creditor will have served a Statutory Demand on the company to pay a debt pursuant to section 459E of the Corporations Act
- Failure to pay the money demanded in the Statutory Demand means there is an “assumption at law” that the company is insolvent;
- An application will then have been made to the Court to have the company wound up.
That process can take several months.
The creditor will usually have used a Lawyer in the above process and that lawyer, prior to the Application to Court will have requested a Consent to Act from an Official Liquidator.
Dissolve has a registered Official Liquidator, being Clifford Sanderson. He has been an Official Liquidator since 1997 and conducted hundreds of liquidations.
If you need a Consent to Act please have your lawyer contact us . Our policy is that we seek no up-front fee to act as Official Liquidator.
If you would like to learn more about Liquidation, please access our full Liquidation guide created by Dissolve’s specialists explaining this in detail.