October 24, 2016 BY Valentina Kirilova

ASIC seeks orders to wind up investment and technology companies

ASIC has applied to the Supreme Court of Queensland for orders to wind up two public companies, Gognos Holdings Ltd (Gognos) and Dynamic Agri Tech Ltd (Dynamic), on just and equitable grounds. In particular, ASIC alleges that: the companies have been involved in multiple contraventions of corporations legislation and are not complying with their obligations…

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