A court has ordered a building company to go into liquidation after it failed to pay back its debts.
On Wednesday morning, the Victorian Supreme Court placed Joestarr Homes Pty Ltd into liquidation after failing to pay an excavation contractor $73,000, with the unpaid invoices dating back as far as May 2021.
Judicial registrar Kim Woronczak ordered the company into liquidation on the grounds of insolvency under the Corporations Act. Mathew Dieter Windsor Blum has been appointed as liquidator.
No representative showed up for Joestarr Homes so the wind-up was initiated unopposed.
Melbourne-based Joestarr Homes traded under the name Joestarr Group and was expecting the outcome, having sent a blunt email to customers last month warning them t…
Read the full article at: https://www.news.com.au/finance/business/other-industries/court-orders-melbourne-builder-into-liquidation-over-unpaid-73k-debt/news-story/2e74a0ba51c7fe62005cd0dae6dd2ee4