When you profess expertise in cost control, cashflow management and the sundry other indicia of insolvency, acquired during a career spanning decades, receiving a winding up notice must come as a surprise.
When that notice is filed in a court by lawyers acting on behalf of the Australian Taxation Office (ATO), along with affidavits in support and a liquidator’s consent well, surprise might concede the field to shock.
iNO can report however that in this case the recipient of the ATO’s unwelcome missive has assured he is on the front foot so the chances of a registered liquidator having his company liquidated from underneath him might be considered remote.
“I am aware of the subject…