EXPERIENCE

Navin Lal

The Importance of Keeping Accurate Books and Records: A Guide for Directors

Running a commercial enterprise, such as a company comes with numerous responsibilities, but one of the most critical—often overlooked—is maintaining accurate and complete business records. In Australia, directors are legally required to ensure their companies keep financial and corporate records that are clear, organized, and up-to-date. Failing to do so

Bankruptcy and its consequences

Bankruptcy is a legal status that can be imposed on an individual who is unable to repay their debts. It is a process that provides relief to insolvent debtors by allowing them to seek protection from their creditors and potentially have their debts discharged. There are two ways in which

Obtaining a Pooling Order for a Group of Companies

Pooling is a process where a group of two or more companies in liquidation can be determined as a pooled group by creditors or the court under certain conditions.

Mandatory Audit Requirements for Owners Corporations – Act

The unit’s plan in the Australian Capital Territory is managed by the Unit Titles (Management) Act 2011 (the Act”) and the OC is responsible for managing it.