The company is in Administration not liquidation. The Administrator has sold the known assets of the company. The company "the business" has not been sold. The rights to the name 'roaring forties' formed part of the assets. The new owners could ,if they choose, form a new company with the name Roaring Forties, the existing Roaring forties company will undergo a name change more than likely.
Companies in Oz have a number, that is its identity, it can have 100 differing names over time, but the number never changes.
As I understand it Administration will continue for some time to sort out the mess which would include the Camco issues. I also understand that no distribution to creditors is made until Liquidation and winding up of the Company is complete. A company in Liquidation ceases to exist, it therefore does not have the ability to enter into any litigation or due process to recover more assets or debtors. There is nothing to stop you or, any other creditor for that matter, contacting the Administrator , CJL Partners, and asking what is happening. Dont let it rest, the Administrator, by law , has to act in the best interests of the creditors, secured or otherwise. For instance, to pursue other assets or debtors takes cash, the company had assets not cash, so the Administrator sold the known assets to get cash. This cash can be used to pursue other avenues to benefit the creditors. What they cant do is 'throw good money after bad'.
There exists tooling and product in SA. Given the amount of cash that went to SA the company would have some sort of claim on those items. Its not too hard to work out that Camco was owed money by the company. In order to pursue this issue the Admin needs cash to fund it. What the Admin cant do is spend 100 to get 50, thats not in the best interests of the creditors.
The Admin would ensure that it was worth pursuing or he would not do it.
The insolvent trading issue is different . My understanding is that the Admin has to reconstruct the books of the company to get a true and accurate picture of the companies affairs. This would include overseas transfers of cash. I dont know whether or not the Admin has to report a case of insolvent trading but it is very likely that he would have to. I believe that a final financial report is forwarded to ASIC,the regulator of companies in Aust,
is very militant with Company Directors that dont act within the Corporations Law.