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ASIC has wound up 17 abandoned companies and appointed liquidators to allow employees to recover close to $600,000 in employee entitlements.
Employees of 17 abandoned companies in the 12 month period ending 30 September 2018 will now be able to access the Fair Entitlements Guarantee (FEG) scheme following ASIC’s appointment of liquidators.
Read the full article at Accountants Daily.