
ASIC takes action against NSW liquidators
Two Sydney-based accountants will be prevented from acting as registered liquidators for the next five years following an ASIC review.
ASIC has accepted enforceable undertakings (EUs) from Sydney-based registered liquidators Peter George Burton and Brian Hugh Allen, after a review of several external administrations found the pair failed to adequately and properly discharge their duties as registered liquidators.
Read the full story at AccountantsDaily.