ASIC accepts undertaking from Sydney liquidator

ASIC has accepted an enforceable undertaking (EU) from Sydney liquidator, Mr Ian Lawrence Struthers, who has agreed to the cancellation of his registration as a liquidator for a minimum of three years.

Mr Struthers currently practises in Sydney under the name I L Struthers & Associates.

As part of ASIC's Liquidator Compliance Program, ASIC reviewed 45 external administrations Mr Struthers was appointed to. Following this, ASIC formed the view Mr Struthers failed to properly carry out his duties as a registered liquidator.

More information is available here.