Appoint now, but check registrations and qualifications first!
At Dissolve, we aim to provide a low cost low hassle company liquidation service. We sometimes speak to directors that are concerned about a liquidator’s fees using up all of the assets of the company so that priority creditors and other creditors receive no distribution form the liquidator.
At Dissolve, we are happy to provide a fixed quote to cover the standard aspects of a company liquidation.
Appointing a liquidator at Dissolve is a simple and quick process:
- Call or email us with company details including the company name and A.C.N. – during that call we will quote you our fixed price (sometimes there is no upfront fee);
- We email you an Appointment Package (or fax or surface mail if need be);
- You pay the fixed price (if applicable);
- You sign and date the three documents in the Appointment Package and email, fax or mail them back to us.
Yes, that’s it.
More information follows, but here’s our Liquidator Cliff Sanderson discussing the topic
We can get you an Appointment Pack within one hour so really the speed of appointment is dependent upon when you can get steps 3 and 4 done, but again, you can usually accomplish that within 30 minutes if need be.
Can it be more complicated than outlined above? Yes, it can. The most common variance from the above steps is when all directors cannot agree to appoint, or if all shareholders cannot be located to sign the documents. If that is likely to be the case just tell us and we can usually draft alternative resolutions to solve the problem.
But before appointing a Liquidator – check their registrations online!!!
Before you appoint anyone as a liquidator we recommend you check out their credentials with ASIC and with other independent regulatory bodies. You should check out the name of the proposed Registered Liquidator, their registration with ASIC and whether they are a member of the Australian Restructuring Insolvency & Turnaround Association. We’ve got a page here that will give you online links to check those registrations and memberships.
Of course, Cliff Sanderson is a Registered Liquidator with ASIC (registration number 155400), a member of ARTIA, a Chartered Accountant, a Member of the Turnaround Management Association and a Registered Debt Agreement Administrator.
Liquidation Law can be a complex area and circumstances vary, so we recommend a telephone call for your initial consultation. We will then gladly meet you or just confirm our advice and quote in writing.