Posts in Directors' Duties
The End of Phoenix Directors: Ashes to Ashes, Dust to Dust

The Australian Government has announced its plans to clamp down on ‘phoenixing’ by introducing a Director Identification Numbers (“DIN”) system. This announcement adopts one of the recommendations of the Productivity Commission’s Business Set-up, Transfer and Closure Final Report (PC Report) in the hope of stamping out phoenix directors. 

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