Australian Securities and Investments Commission has applied to the Federal Court of Australia for the appointment of provisional liquidators to six companies within the Uglii Group.
The corporate watchdog alleges the Traralgon and Melbourne-based company and its subsidiaries “have been involved in multiple contraventions of corporations legislation and are not complying with their obligations under that legislation” and “is concerned… the companies are not being properly managed and are insolvent or likely to become insolvent”.
ASIC has sought to appoint Robyn Erskine and Adrian Hunter of Brooke Bird as provisional liquidators of the companies.
Also as part of its application, ASIC is ordering that the provisional liquidators provide a detailed report to the court that sets out the financial position of each of the companies so the court can consider at a later date whether it ought to make orders to wind up the companies.
ASIC’s application has been listed for hearing in the Federal Court at Melbourne on 1 July at 9.30am.
ASIC’s investigation into the activities of the companies is continuing.
New minister announced
Marlene Kairouz has joined the cabinet as Consumer Affairs, Gaming and Liquor Regulation Minister.
Ms Kairouz was elected to Parliament as Member for Kororoit in 2008 and has served as cabinet secretary since the election of the Andrews government in November 2014.
Prior to entering Parliament, Ms Kairouz worked as a scientist specialising in histology.
The Premier has appointed Gayle Tierney as new cabinet secretary.
Mobile coverage for Gormandale
THE Gormandale community now has mobile coverage with the launch of a mobile base station.
The mobile base station is the third in Gippsland to be switched on under the Mobile Black Spot Program and was jointly funded by Telstra and the federal and state governments.
The base station covers Gormandale and surrounds and features the latest 4GX technology.
Telstra area general manager Loretta Willaton said feedback from local residents and businesses had been universally positive.
“Prior to the Mobile Black Spot Program, Gormandale had no mobile coverage. The feedback I have personally received is that the ability to seamlessly use a mobile in and around town has made a great difference to residents and businesses,” she said.
