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Find any Australian or New Zealand company or fund (dead or alive) by using SEARCH above or go directly to the site:


 

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In Liquidation

In Liquidation

 

Australian companies that are in liquidation feature in the lists below.  See also below for an explanation of liquidation and how to determine if your company is in liquidation.

 

COMPANY
(a small selection)
CODE DATE OF LIQUID EVENT
SALMAT LIMITED SLM 29 Aug 20 Shaun Fraser and Jason Preston are appointed joint and several liquidators of the Company.
MORETON RESOURCES LTD MRV 16 Jul 20 At the 15 July 2020, creditors of the MRL and its subsidiaries resolved to place the group in liquidation, appointing Grant Sparks and David Orr of Deloitte Financial Advisory as Joint and Several Liquidators of the Group.
MCM ENTERTAINMENT GROUP LIMITED MEG 13 Jul 20 Notice is given that at a general meeting of the members of the Company held on 13 July 2020, it was resolved that the Company be wound up and that Richard Rohrt be appointed liquidator(s).
BCD RESOURCES NL BCD 29 Jun 20 Christopher John Palmer appointed Liquidator
WPG RESOURCES LTD WPG 25 Jun 20 Adam Nikitins of Ernst & Young is appointed Joint and Several Liquidator
COOLGARDIE MINERALS LIMITED CM1 28 May 20 Consent of SMS was not received to the variation to the Recapitalisation Proposal within the time required and accordingly, the Company has proceeded into liquidation pursuant to the terms of the DOCA. The Company will be deregistered from the ASX as a result of the liquidation.
ORINOCO GOLD LIMITED OGX 22 May 20 liquidators appointed
CUDECO LIMITED CDU 30 Apr 20 Jeremy Nipps and Matthew Joiner of Cor Cordis have been appointed as liquidators of the Company
PROTO RESOURCES & INVESTMENTS LTD PRW 29 Apr 20 Bryan Kevin Hughes and Daniel Johannes Bredenkamp of Pitcher Partners appointed liquidators
AUSTRALIAN CAREERS NETWORK LIMITED ACO 18 Mar 20 on or about this date the company was placed into liquidation, to our knowledge the liquidator is GEORGE GEORGES

 

 

What is company liquidation?

A company goes into liquidation when a registered liquidator is appointed to conduct the winding-up of a company and the liquidation of its assets. A liquidator is generally appointed on the grounds that the company is insolvent and there is no better way for creditors to maximise their return than from liquidating the assets.Liquidation explained

Shareholders may place their company into voluntary liquidation, if, for example, they think it is going nowhere and they may as well sell off assets, discharge liabilities and get back the remainder.  A liquidator can also be appointed by the court or a company can voluntarily place itself in liquidation or it can end up in liquidation after a vote of creditors. In the latter case it generally occurs because a viable arrangement is not possible during the course of a voluntary administration.

 

What is the liquidator's role?

The liquidator terminates company activities, collects and sells the assets and distributes the resulting funds to creditors in accordance with statutory priorities. One of his or her major tasks is to admit claims by creditors and then pay them according to priorities set out in the law.

In liquidation, no person can perform or exercise any function or power as an officer of the company other than with the liquidator's written approval, although this does not technically remove the directors from office. However, they are stripped of all their powers. Note that a company can also be in provisional liquidation, a sort of half-way house status, while enquires are made about the financial situation of the company pending liquidation, some other form of external administration, or returning the company to the control of the directors.

 

What does it mean to you as a shareholder?

What does it mean to you as a shareholder?

Generally this is the worst possible outcome for shareholders. Rarely in circumstances where the company has failed, is there anything left over for distribution to shareholders.

Remember who your directors and executives were and resolve to avoid in future any companies they may be involved in.


Finding your company

If your company has been delisted or is suspended from quotation it may well be in liquidation. You can click on the link below to see a list of all companies in liquidation (for members only) or find a specific company that is in liquidation by:

  •  Searching by company name (see box above left)
  •  Searching by code (see box above right)
  •  Clicking on the appropriate letter of the alphabet (see the alphabet index above)

If you are unable to find your company or the information is incomplete or incomprehensible we recommend you send us a message and we will try to assist.

 

 

HELP PLEASE

deListed and InvestoGain are largely the result of voluntary effort. We welcome input and updates from investors, company officers, insolvency practitioners, regulatory bodies, registries and others to admin@delisted.com.au.

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Thank you for the wonderful service you provide through your website. I've had the pleasure of selling a parcel of shares: easy, efficient, and very cost-effective. And I especially like the super-easy way your site allows me to chase up companies' various name changes, and so remain up-to-date.
I Brandli, Coffs Harbour NSW


…out of all the exchanges that I do research for, your particular web site makes finding information so easy. I wish the rest of the world would follow your footsteps. Reuters


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