Closed and closing companies in Australia: who can license the records
Records only become an asset for creditors when someone with authority can license them. Here is how that works in Australia, in plain terms.
Who usually decides: Liquidators, voluntary administrators and receivers (registered liquidators).
While the company is in a formal process
- In liquidation or voluntary administration, the liquidator or administrator controls the company's property (Corporations Act 2001).
- Receivers act for the secured creditor over the assets they were appointed to.
After dissolution or deregistration
- When a company is deregistered, its remaining property vests in ASIC (Corporations Act 2001, s.601AD).
- Reinstatement may be possible before anything can be licensed.
Personal data
- The Privacy Act 1988 and the Australian Privacy Principles may apply to personal information in the records.
- Employee records and customer data need removing or de-identifying before any sample is shared.
Where to check status
ASIC registers and published notices show company status and external administrators.
micro1 lists Australia
- Country
- Australia is one of ten countries on micro1's defunct-company track company.micro1.ai/get-started · 15 Nov 2026
- Size
- 30+ peak employees company.micro1.ai/get-started · 15 Nov 2026
- Language
- English company.micro1.ai/get-started · 15 Nov 2026
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General information, not legal advice. Insolvency and privacy rules depend on the facts and the state. Take advice before agreeing anything.