The next part of this is possible fraud ?. Selling goods when you know they are not suitable for sale/ use ? When did they know ? Is that why they failed to deliver at last minute to clients as they were aware? Accepting $ for goods unable to be provided? Interesting as IMO warranty provision at point of VA gets consolidated unless continuing trading and most business buyers would not take on warranty liability as may want the technology but not the name recognition? Fully paid for goods and cash goes into company a swell hmmm . VA and Liquidators have to lodge a final report with ASIC and report anything that should / could be actioned . Usually nothing comes of it and most companies have been getting VA advice for months before appointment on shareholders $ so are well advised and moved a few deckchairs if required to ensure no liability
Add to My Watchlist
What is My Watchlist?