Three public companies fined more than a million dollars for breaching financial reporting and company officer obligations

26-058MR

criminal17 Mar 2026Penalty $530K

Respondent

Invitrocue Limited

Facts

Three public companies have been fined a combined $1,170,000 in a single day at the Downing Centre Local Court for failing to meet their obligations as public companies.

Outcome

Convicted and fined $530,000 — Invitrocue Limited, for failing to lodge annual reports for the financial years 30 June 2020 to 30 June 2025 and failing to have at least three directors between 29 May 2023 and 22 January 2026 (Downing Centre Local Court, 2026-03-17). See the ASIC source for the full terms.

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Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2026-releases/26-058mr-three-public-companies-fined-more-than-a-million-dollars-for-breaching-financial-reporting-and-company-officer-obligations

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