News
Sydney man found guilty of falsifying company documents |
13 February 2009 |
| Taken from ASIC Website (publications,media centre)- www.asic.gov.au Mr Trevor Douglas Cohen of Balmoral, New South Wales, has been found guilty by a jury in the Sydney District Court on four counts of falsifying company books. The charges followed an investigation by ASIC. Mr Cohen pleaded not guilty at his trial, which commenced on 3 February 2009. ASICs investigation found Mr Cohen falsified the share certificates of Derivex Limited and Derivex Asset Management Limited by forging the signature of a co-director on both documents. He also signed the minutes of a meeting of directors of both companies, thereby falsely verifying that a meeting of directors for both companies had taken place in June 2003. The jury heard evidence that one co-director was unaware that he was listed as a company director, whilst the identity and the existence of a third director alleged to have been at the meetings could not be established. Mr Cohen was a director and the CEO of both companies at the time. Mr Cohen is due to reappear in the Sydney District Court for sentencing on 26 February 2009. A summary charge of engaging in misleading conduct in relation to financial services will be heard in the Downing Centre Local Court, with a date to be fixed. Mr Cohen was released on bail on the condition that he reside at a certain address, surrender his passport to the court, not approach any points of international departure, and to notify the court of any change of his address within 24 hours. The matter was prosecuted by the Commonwealth Director of Public Prosecutions. |
2008 Company Incorporation Stats |
5 January 2009 |
| 2008 New Company Registrations WA VIC QLD NSW Jan 1003 2786 2248 2939 Feb 1173 3702 2729 3721 March 992 3292 2478 3538 April 1167 3667 2650 3734 May 1427 4203 2849 4233 June 1971 5830 3995 5182 July 1280 4062 2692 4187 Aug 1033 3367 2274 3536 Sep 1001 3555 2418 3738 Oct 911 3443 2360 3401 Nov 813 3001 1945 3097 Dec 740 2799 1698 2794 To view your State's Statistics or get more info go to: www.asic.gov.au Taken from ASIC website (publications-statistics) |
ASIC 10yr review payment option |
1 January 2009 |
| YES thats right. ASIC now have a 10yr payment option for australian companies... You can pay your review fee for 10Years and save $$! For more information please contact Craig @ CCASA. Thanks |
What is a Registered Agent? |
1 January 2009 |
| A company may choose to deal directly with us, use the services of a casual lodging party, or may choose to use the services of a registered agent. A registered agent acts as an intermediary between ASIC and Australian companies, to help companies meet their lodgement obligations under the Corporations Act 2001 (the Act). A registered agent does not operate on our behalf but instead operates on behalf of companies who need to lodge information with ASIC. A registered agent: frequently lodges documents with ASIC, and/or represents at least one company by either frequently lodging documents or arranging payments on behalf of a company. |
Western Australia company director charged with insider trading |
14 November 2008 |
| Taken from ASIC Website (2008 media releases)- www.asic.gov.au Mr Malcolm John MacCormick, of East Victoria Park in Western Australia, has been charged in relation to one count of insider trading by ASIC. The charges were brought following an ASIC investigation into Mr MacCormicks alleged trading in shares of the Australian Securities Exchange (ASX)-listed company, Walter Diversified Services Limited (Walter). ASIC alleges that Mr MacCormick was in possession of inside information when he procured the purchase of Walter shares in morning trade on 23 August 2007 shortly prior to an announcement by Walter to the ASX which detailed Walters acquisition of the business and assets of DJ & MB MacCormick Civil Engineering. ASIC alleges that at the time he procured the purchase of Walter shares, Mr MacCormick was a director of the private company from which Walter was acquiring the business and assets of DJ & MB MacCormick Civil Engineering and was also the manager of that business. The matter has been adjourned to 19 December 2008 for further mention in the Perth Magistrates Court. The matter is being prosecuted by the Commonwealth Director of Public Prosecutions. |