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Before the above new procedure came into force Bruce was interviewed by the ABC and he gave a verbal snapshot which you will find helpful.

Our offices are again on Canterbury Road near the corner with Union Road in Surrey Hills.

 

This is a convenient location for businesses and their advisors located in the Eastern suburbs of Melbourne.

Liquidations are suitable where Directors do not want to keep their company. They are helpful in two main situations:

  1. Where a business is not viable and needs to close. This is called a Creditors Voluntary Liquidation.

  2. Where there are no creditors owing and shareholders wish to recoup their investment in a tax effective way. This is called a Members Voluntary Liquidation.

 

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