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Supreme Court Hearing for Winding Up – March 20

E-Mersion Media will be in Supreme Court on Wednesday March 20 at 10:30am vs. the State Revenue Office in the matter of the Winding Up Order made on March 8th for unpaid tax.

https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/E-MERSION-MEDIA-AUST-PTY-LTD-631337641/4c30246d-18eb-4b60-a7eb-eca8ecfa8e64

You will be able to live stream the proceedings here: https://www.supremecourt.vic.gov.au/daily-hearing-list/live-streams

It is also worth noting that according to ASIC “as a director, you have a legal responsibility to ensure your company meets its Pay As You Go (PAYG) withholding and Superannuation Guarantee Charge (SGC) obligations.

If the company does not meet these obligations, you may become personally liable for a penalty equal to these amounts.”

Superannuation also hasn’t been paid, and the company has been fined 100% of the outstanding debt on top of the debt on top of the above tax issue.