Aust Sec & Invstmnt Commission web site says you may ask any question related to their activity. I asked a question and reply came :
Quote: I am not permitted to provide specific advice I am afraid. I urge you to look at our information sheets located under our Publications folder on our website: www.asic.gov.au
They provide succinct information regarding the areas of legislation ASIC administers. unquote
I wrote him again I am not asking for "advice" I have a question for you to answer: My question is ""Do company have to seek ASIC approval before declaring Consolidation of Company Capital?" He replied back saying go thru our website and under "publications" you will have answer.
Do anyone on HC has dealt with ASIC? And their experience.
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