Companies wound up by ASIC in 2020–21 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 2020–21 financial year

CompanyACNPanel liquidator and firmStateNumber of employeesEntitlementsDate
Sunbunch Pty Ltd 600 704 612 Travis Kukura of RSM Australia WA 1 $38,686.00 13 October 2020
B & B Menkins Pty Ltd 600 458 400 Tim Heenan of Deloitte Qld 1 $20,849.23 29 September 2020
Tallship Island Adventures Pty Ltd 109 605 281 James Imray of Rodgers Reidy Qld 1 $25,205.21 9 September 2020
Hawkesbury Valley Meat Processors Pty Ltd 119 318 295 Sean Wengel of William Buck NSW 1 $18,494.00 27 August 2020
David Howell Constructions Pty Ltd 610 747 978 Henry Kazar of Ernst & Young NSW 1 $20,310.35 11 August 2020
Digital Union Pty Ltd 134 365 594 Robert Brauer of McGrathNicol WA 3 $31,249.96 10 August 2020
Guardian Air Pty Ltd 131 478 138 Travis Kukura of RSM Australia WA 1 $16,100.00 7 July 2020
Hi Torque Performance Pty Ltd 119 923 901 Stewart McCallum of Ernst & Young Vic 1 $21,252.00 7 July 2020
ECK Lawyers Pty Ltd 615 674 676 Richard Stone of RSM Australia NSW 1 $24,082.60 7 July 2020
Last updated: 13/10/2020 01:32