Bankruptcy can be daunting, but it is not the end of the world. Although money is tight if you are considering bankruptcy, a Lawyer well versed in bankruptcy matters can save you time, money and stress.
Directors must exercise caution!
As has been widely reported, both in professional publications and indeed in the general media, in mid-August 2016, the Australian Tax Office and the Australian Securities and Investments Commission conducted raids on a number of business…