PERTH company directors Desmond Patrick Blechynden and Luke Ronald Blechynden have been banned from managing corporations for three years and one year respectively by the Australian Securities and Investments Commission. The disqualifications of both men follow an ASIC investigation into their roles in the failed companies, Allcorp Pty Ltd, Blechynden Transport Pty Ltd and WA Agri-Exports Pty Ltd, and a further company relating to Mr Desmond Blechynden, Fodder Resources Pty Ltd. ASIC’s investigation found that Mr Desmond Blechynden and Mr Luke Blechynden failed to ensure that Allcorp Pty Ltd maintained proper books and records. They also failed to meet with the liquidator and allowed Allcorp to trade while insolvent.