Assume that you are the managing director of a small, family-owned proprietary company operating in Australia. The members of the company have decided to wind up its operations for family reasons. The company has been trading profitably and has had no problem in paying its accounts when they fall due.

Required 

Visit the ASIC website and investigate what you must do in order to wind up the company properly in accordance with the law. Report your findings and show details of the forms that must be completed.