The Australian Securities and Investment Commission (ASIC) today announced that its application to the Federal Court for the winding up of Aviation 3030 Pty Ltd (Aviation), a company based in Melbourne, was successful and that the court has granted orders to wind up Aviation due to a legitimate lack of confidence in the management team…
Read moreAn ASIC review has found that while registered liquidators are mostly doing the right thing when complying with their lodgement and publication obligations, there is room for improvement. The review looked at around 26,000 insolvency administrations over a 3-year period to June 2017 and tested how registered liquidators complied with their obligations. ASIC found that…
Read moreASIC has announced that it has obtained orders from the Supreme Court of Queensland appointing Mr Richard Hughes and Mr David Orr of Deloitte as provisional liquidators to three companies: Nangus Holdings Group Pty Ltd Nangus Holdings Pty Ltd Nangus Grazing Company Pty Ltd ASIC applied for and obtained these orders as part of an…
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ASIC has applied to the Federal Court of Australia for the appointment of liquidators to 19 'special purpose vehicle' companies associated with the Macro Group, all of which have Desiree Veronica Macpherson as a director. These are: AGKM Green Pty Ltd; BA Sullivan Pty Ltd; Christians Holdings WA Pty Ltd; Ferrous Ferric Pty Ltd; Macpherson…
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