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Ann: Suspension from Official Quotation - Continued, page-302

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    https://insolvencynotices.asic.gov.au/browsesearch-notices/notice-details/SOVEREIGN-EQUITIES-PTY-LTD-104422657/3b8b3f30-2f28-44ff-beb1-310cdab54e6a

    https://insolvencynotices.asic.gov.au/browsesearch-notices/notice-details/SOVEREIGN-EMPIRE-PTY-LTD-616024661/b0169f5a-7611-4c2f-8d58-6e3f8e358a93

    Two of your T20: Sovereign Empire and Sovereign Equities, ASIC initiated under s601AB(1) or (1A):

    Deregistration—ASIC initiated

    Circumstances in which the ASIC may deregister

    (1)
    ASIC may decide to deregister a company if:


    (a)
    the company's annual return is at least 6 months late; and
    (b)
    the company has not lodged any other documents under this Law in the last 18 months; and
    (c)
    ASIC has no reason to believe that the company is carrying on business.
    (2)
    ASIC may also decide to deregister a company if the company is being wound up and ASIC has reason to believe that:


    (a)
    the liquidator is no longer acting; or
    (b)
    the company's affairs have been fully wound up and a return that the liquidator should have lodged is at least 6 months late; or
    (c)
    the company's affairs have been fully wound up underPart 5.4 and the company has no property or not enough property to cover the costs of obtaining a Court order for the company's deregistration.
 
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