Companies wound up by ASIC in 2018–19 financial year

ASIC assisted employees gain access to the Fair Entitlements Guarantee scheme (FEG) by exercising its wind-up powers and appointing liquidators to abandoned companies.

The table below lists a number of employees and outstanding entitlements based on information received from employees when requesting ASIC exercise its powers under section 489EA of the Corporations Act 2001 pursuant to guidance outlined in Regulatory Guide 242. ASIC does not warrant the figures represent the actual number of employees and entitlements that may be paid under the Fair Entitlements Guarantee scheme, administered by the Attorney-General’s Department.

Companies that ASIC has wound up in the 2018–19 financial year

Company ACN Panel liquidator and firm State Number of employees Entitlements Date
ARDFGS Pty Ltd 601 663 076 Helen Newman of BDO QLD 2 $19,455.93 17 June 2019
Surat Basin Group Pty Ltd 146 221 061 Damien Lau of Bentleys QLD 2 $71,235.46 27 March 2019
Steel Project Services Pty
Ltd
068 618 391 Hugh Armenis of Bentleys NSW 4 $48,463.07 25 March 2019
Rushci Pty Ltd 009 066 200 Rob Brauer of McGrathNicol WA 30 $237,253 12 February 2019
Jovawill Pty Ltd 605 190 903 Tim Heenan of Deloitte QLD 1 $33,235.72 14 January 2019
NISS Technologies Pty Ltd 162 477 643 Alan Hayes of Hayes Advisory Pty Ltd NSW 2 $21,505 14 January 2019
Cardcorp HDP Pty Ltd 163 872 973 Michael Billingsley of Deloitte NSW 2 $17,989,53 16 July 2018
Mansion Showgirls & Nightclub Pty Ltd 164 250 864 Mitchell Herrett of RSM Australia Partners QLD 1 $24,844.44 16 July 2018
Metro Power Pty Ltd 069 484 064 Michael De Rooy of FTI Consulting NSW 2 $28,475.16 16 July 2018
Bosco Corporation Pty Ltd 097 489 300 Shabnam Amirbeaggi of Crouch Amirbeaggi NSW 4 $28,241.68 11 July 2018
Controlability Pty Ltd 105 289 905 John Goggin of BDO North Qld NT 1 $37,129.13 11 July 2018
DC2 Pty Ltd 119 323 456 Paul Allen of FTI Consulting VIC 1 $37,046.00 11 July 2018
Financial Wellness Pty Ltd 131 112 733 Andrew Heard of Heard Phillips SA 1 $69,992.05 11 July 2018
Gladstone District Transport Logistics Pty Ltd 164 354 778 James Imray of Rodgers Reidy QLD 2 $20,226.29 11 July 2018
The Perfume Parlour West Lakes Pty Ltd 162 375 626 Simon Miller of Clifton Hall SA 1 $15,311.75 10 July 2018
Last updated: 11/08/2020 11:30