A dissolved corporation ceases to legally exist and the effect this has on its shareholders depends on how it was dissolved. If the corporation is dissolved voluntarily and its assets distributed to the shareholders without paying all remaining corporate debts, the shareholders could become liable for the debts.
BHP Billiton is the world's largest mining company, and Australia's largest company. Computershare is the world's largest and leading provider of investor services. ANZ is a major international banking and financial services group, with credit ratings among the strongest in the Australian and international markets.
EXAMPLE: The ABC Corporation has 50 employees on its payroll every week. This consistsof a staff of 10 full time employees who come in on Monday, Tuesday, and Wednesday and 40part-time employees who only come in on Thursday and Friday. Due to the number ofemployees physically on the job for that calendar workweek, the ABC Corporation meets the 20or more threshold.