ASIC has disqualified Mathew Craig Lynch of Langwarrin Victoria, from managing corporations for three years due to his involvement in the failure of three companies.
Between April 2015 and January 2022 Mr Lynch was the director of three companies that entered liquidation:
- Option One Construction Pty Ltd (ACN 605 515 302) (Option One Construction),
- C.N. 608 209 445 Pty Ltd (ACN 608 209 445) (previously Ultro Construction & Recruitment (Sydney) Pty Ltd)(Ultro Construction), and
- Ultro Construction & Recruitment Services (ACN 149 709 188).
The companies were involved in recruiting and providing labour hire to the building industry in NSW.
ASIC found that Mr Lynch failed to meet his obligations as a director when he:
- failed to comply with …
Read the full article at: https://asic.gov.au/about-asic/news-centre/find-a-media-release/2023-releases/23-219mr-asic-disqualifies-victorian-director-for-three-years/