They need capital to cover Dicko’s exit.
Otherwise , they are trading insolvent.
The CR, satisfies:
WHAT IS INSOLVENT TRADING? Insolvent trading is the law under the Corporations Act section 588G that says that if a company is insolvent and a director allows the company to incur a new debt, then the director can be personally liable for the new debts incurred.
IMO DYOR
Lucky Enough???, page-9
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