The following companies are now under liquidation:
Said Jahani and Philip Campbell-Wilson of Level 17, 383 Kent Street, Sydney NSW 2000 were appointed as the administrators to all the above companies on 23 October 2019.
The administrators were then appointed as liquidators on 26 November 2019.
You may contact the liquidators directly if you have any questions about their role. If you have correspondence or information that may assist the liquidators, you should provide this to them as soon as possible.
The relevant contact is:
Ms Erica Xu
Manager - Financial Advisory
Level 17, 383 Kent Street
Sydney NSW 2000
Telephone: +61 2 8297 2511
The purpose of liquidation of an insolvent company is to have an independent and suitably qualified person (known as the liquidator) take control of the company so that its affairs can be wound up in an orderly and fair way for the benefit of all creditors. The liquidator’s role is to:
An information sheet (INFO 45) by the Australian Securities and Investments Commission provides information about the liquidation process.
You should also review the Voluntary Administrator’s report. I enclose a link to the report here: Grant Thornton - Equitable Financial Solutions Pty Ltd Voluntary Administrator's report
Equitable Financial Solutions Pty Ltd (EFSOL) is a current member of AFCA and will continue to remain a member until AFCA’s Board determines otherwise.
Consumers can continue to lodge complaints with AFCA about EFSOL’s conduct and services while EFSOL remains an AFCA member. We will continue to investigate complaints against EFSOL as quickly and efficiently as possible.
AFCA cannot provide you with any advice about the return of funds to investors or payment of any compensation that AFCA may award.
You should consider seeking legal advice about your circumstances and how the liquidation process may affect you.
AFCA’s website contains information about legal assistance: AFCA - other places to get help (legal).
AFCA will keep you up to date as we become aware of new information about EFSOL that may affect complaints.
Please check this webpage regularly.
If you have any questions or want more information about lodging a complaint, please
call: 1800 931 678