Its official the Lifestyle Store has been placed into voluntary administration with debts believed to be in the millions.
At 15.05pm yesterday, the liquidator of Theatre At Home, and ROQO Pty Ltd moved to place the Lifestyle Store into liquidation.
A few minutes later the CEO of both the Lifestyle store and Theatre At Home moved to counter the move by placing the business into voluntary administration with the appointment of Mark Robinson from Fort Restructuring Pty Ltd and Kenneth Whittingham.
Vinod Christie Left with fellow executive John Kranatis
ChannelNews understands that the CEO of the business Vinod David who has spent weeks telling anyone who would listen that the legal documents that he signed that resulted in the stock from…
Read the full article at: https://www.channelnews.com.au/breaking-newslifestyle-store-placed-into-administration/