News: Australia's ASIC Reports Low Take Up Of Simplified Liquidations Since 2021 Reforms

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    Aug 7 (Reuters) - Australia's ASIC:

    • REPORTS LOW TAKE UP OF SIMPLIFIED LIQUIDATIONS SINCE 2021 REFORMS - WEBSITE
    • FEWER THAN ONE IN 10 LIQUIDATORS HAVE ADOPTED SIMPLIFIED LIQUIDATION PROCESS WHEN WINDING UP COMPANIES WITH DEBTS NOT EXCEEDING A$1 MILLION

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