This grant supports liquidators of assetless companies in liquidation to investigate and prepare reports under section 533(2) of the Corporations Act 2001. The reports assist ASIC in deciding whether to disqualify persons from managing corporations under sections 206F or 206GAA. Eligible liquidators include those appointed in court-ordered, creditors’ voluntary, or ASIC-ordered windings up. Funding enables thorough investigations and report preparation to support regulatory enforcement.
Eligible applicants are liquidators appointed to assetless companies in liquidation via court-ordered, creditors' voluntary, or ASIC-ordered winding up. Applicants must meet criteria including prior report lodgment and evidence availability under the Corporations Act 2001.