Companies wound up by ASIC in 2022–23 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 2022–23 financial year
| Company | ACN | Panel liquidator and firm | State | Number of employees | Entitlements | Date |
|---|---|---|---|---|---|---|
| J & L Auto Electrics Pty Ltd | 074 094 509 | Justin Holzman DW Advisory Pty Ltd | NSW | 1 | $44,256.00 | 30 March 2023 |
| ACN 617 996 906 Pty Ltd | 617 996 906 | Andrew Sallway BDO Restructuring Pty Ltd | NSW | 1 | $46,190.90 | 30 March 2023 |
| Adams Wilson Lawyers Pty Ltd | 163 617 507 |
Timothy Joseph Heenan |
NSW | 1 | $19,946.50 | 3 February 2023 |
| BuildingIQ Pty Ltd | 139 759 747 | Alan Hayes – Hayes Advisory | NSW | 3 | $168,280.01 | 25 November 2022 |
| Medrobotics (Australia) Pty Ltd | 624 256 391 | Claudio Trimboli, Charles & Co. | VIC | 1 | $25,194.62 | 30 August 2022 |
| Brooklyn Dynamics Pty Ltd | 612 561 485 | Philip Newman PCI Partners | VIC | 2 | $31,250.01 | 28 July 2022 |