Prolly already a little late but a well funded Administrator has extraordinary powers and my tip is that ASIC may want to make an example of this behaviour:

Request for assetless administration funding

This transaction allows registered liquidators to seek funding from the Assetless Administration Fund to carry out an investigation and report:

• in circumstances where they believe director banning may be appropriate, or
• for other matters, such as where the liquidator believes there is or may be evidence of possible offences or other misconduct in relation to the Corporations Act 2001.

Liquidators can also seek funding to take action to recover assets, particularly where they suspect fraudulent or illegal phoenix activity