Australia: Seminar: Risks and perils of the registered office
Last Updated: 4 March 2017

In our commercial practice, we often come across instances where a company's registered office details have not been kept up to date with ASIC.

You might think 'So what?', but the reality is that failing to update records with ASIC can have significant and sometimes catastrophic consequences for companies and their members.

Even if ASIC's records are up to date, if your business and your registered office aren't at the same place, for example or you have entrusted your accountant's office with being the registered office for your company, adverse outcomes can occur. This is because of the range of legal processes involving a company that are commenced by service on its registered office. These and which require positive action in relatively short time frames in order to preserve the company's legal rights.

The processes include:

  • Statutory demands and winding up in insolvency
  • Registration issues regarding personal property security interests
  • Building/construction security of payment claims
  • ASIC notices
  • Tax prosecutions
  • Statements of claim and court claims
  • Court subpoenas to produce documents

In this seminar, we will examine:

  • How these processes usually unfold
  • What can happen if a company has not updated its registered office details with ASIC, or something served goes unnoticed or is otherwise not actioned
  • Who is responsible when things go wrong and related insurance issues

This seminar will not only be of interest to company owners and directors wanting to understand the risks and perils of the registered office, but also to accountants who provide their office as the registered office for their client companies.

Please feel free to refer this invitation to your colleagues where appropriate.

Date: Thursday 23 March 2017

Time: 5.45 - 8pm

Location: Bartier Perry - Level 10, 77 Castlereagh Street, Sydney

RSVP by 16 March - events@bartier.com.au

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