ASIC sues when corporations act is used
So who/how many complained to ASIC?
I did.
Maybe ASIC stopped the sale pending an investigation. If this is so maybe liquidation proceedings will also be halted?
There are heaps of possible scenarios here.
Maybe PT will get tomatoed to death before AGM starts?
Maybe PT is already in jail?
Maybe serious fraud office is also investigating?
directors duties - summary, page-2
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