Administrators allege company may have been trading while insolvent and question financial records
The current and former directors of collapsed budget flight booking company Bestjet have been referred to the Australian Securities and Investments Commission over possible breaches of the Corporations Act.
The company’s administrators, Pilot Partners, believe Robert McVicker, Rachel James, and her husband, Michael James, “may have breached their obligations to act in good faith and in the best interests of the company” in the lead-up to the company’s collapse.
Continue reading...from The Guardian http://bit.ly/2RGPEc2
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