Thread: ASIC website.....help needed.

Originally Posted by NavyDiver

You mentioned the ABN - http://abr.business.gov.au/ might give you a few more leads to the person.

Thanks, ND. That's where I finally found that the ABN I knew of was cancelled in 2006. I am left with no option but to pursue the business in it's current form, which is tough on the new bloke, but in reality he bought it with stuff hanging around. The whole thing leaves a very bad taste in my mouth.

Treat others as you would like to be treated yourself seems to be a long forgotten motto.

Originally Posted by johntins

Thanks, ND. That's where I finally found that the ABN I knew of was cancelled in 2006. I am left with no option but to pursue the business in it's current form, which is tough on the new bloke, but in reality he bought it with stuff hanging around. The whole thing leaves a very bad taste in my mouth.

Treat others as you would like to be treated yourself seems to be a long forgotten motto.

Yes a spit and a handshake doesn't seem to carry much weight these days Mate.

Originally Posted by trout1105

Yes a spit and a handshake doesn't seem to carry much weight these days Mate.

None at all, Fish. None at all.

Originally Posted by trout1105

Yes a spit and a handshake doesn't seem to carry much weight these days Mate.

I could tell a couple of stories about handshake deals that are still done, rock solid and worth big bucks.

Still alive and well.

DL

Originally Posted by 350RRC

I could tell a couple of stories about handshake deals that are still done, rock solid and worth big bucks.

Still alive and well.

DL

I agree a handshake deal can still be done But it is becoming a pretty rare event nowadays.

Originally Posted by trout1105

I agree a handshake deal can still be done But it is becoming a pretty rare event nowadays.

The ongoing relationships in this type of dealing won't change things if the personal relationships don't.

I've worked for myself for over 40 years and only have one outstanding debt to me.......... $50. I knew it was suss at the time haha.

DL

Originally Posted by johntins

Thanks, ND. That's where I finally found that the ABN I knew of was cancelled in 2006. ...

Treat others as you would like to be treated yourself seems to be a long forgotten motto.

I altered this a little. "Do unto others as you would have them do to you" is now for me "Do unto others as they do to me". I treat everyone with respect until they cross the line.

I think or find 99% of people are trustworthy. The 1% who think I am a nasty, fowl mouthed, horrible bully see me exactly as they treated me

Re re the new owner. They might have his/her/their own redress on the prior sod you got to deal with. Sale of any business needs a Sec 52. If its is false or defective or not provided then actions are possible by the new owner. Not an issue for you but given the circumstances you might like to mention this to them.

Re Cancelled ABN. I wonder also if the sod your looking for broke any ABN/GST/Tax regulations. Tax evasion reporting form | Australian Taxation Office IF he failed to be registered hen needing to be or failed to pay tax in the sale of the business or GST
Most shocky types seem to be happy for 'us' to pay lots of tax for the services they use but usually forget to pay themselves.

Originally Posted by NavyDiver

Re re the new owner. They might have his/her/their own redress on the prior sod you got to deal with. Sale of any business needs a Sec 52. If its is false or defective or not provided then actions are possible by the new owner. Not an issue for you but given the circumstances you might like to mention this to them.

I think the fact that I had to use the new bloke may get something rolling.

Originally Posted by NavyDiver

Re Cancelled ABN. I wonder also if the sod your looking for broke any ABN/GST/Tax regulations. Tax evasion reporting form | Australian Taxation Office IF he failed to be registered hen needing to be or failed to pay tax in the sale of the business or GST
Most shocky types seem to be happy for 'us' to pay lots of tax for the services they use but usually forget to pay themselves.

It is of course possible that there was a new ABN that is unknown to me. I imagine some of this will come out in the wash.