What/who initiated the receivers

Does anyone know on what legal basis the receiver was called in to take over LVT operations. My understanding was that LVT had met its debt payment obligations due to OneVentures. They were close on their plan to profitability so unless a specific clause in the debt agreement had been breached it feels off. OneVentures will likely get their outstanding loan returned, the receivers will get paid a high day rate with no incentive to move quickly or act in the interest of shareholders, leaving the shareholders with nothing. I would love to know what the Dec quarter results were but we are in the dark given the lack of reporting.