Companies wound up by ASIC in 2021–22 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 2021–22 financial year

Company ACN Panel liquidator and firm State Number of employees Entitlements Date
Graphic Bookbinding Pty Ltd 000 794 838 Andrew Thomas Sallway of BDO NSW 5 $78,973.27 13 September 2021
Watchforce (Australia) Pty Ltd 124 018 211 Richard Stone of RSM Australia Partners NSW 3 $18,462.14 13 September 2021
Last updated: 14/09/2021 09:33