CALDB
- Companies Auditors and Liquidators Disciplinary Board - CALDB
The CALDB is a disciplinary board set up to determine whether a registered company liquidator [or auditor] should be disciplined for misconduct as defined in the Corporations Act. Only ASIC can bring proceedings before the CALDB ASIC may bring proceedings against IPA members who are registered liquidators. This generally arises out of an... Read More »
- ASIC v McVeigh - CALDB decision
ASIC has succeeded in a case brought before the CALDB against Mr Dean McVeigh, a registered liquidator, under s 1292 of the Corporations Act. The principal areas where it was found that Mr McVeigh had failed to carry out his duties were in relation to: independence/conflicts (6 administrations); failure to conduct adequate investigations under s... Read More »