Salim Mehajer declared bankrupt after court action over$200000 debt – Radio Australia

Former Auburn deputy mayor Salim Mehajer has been declared bankrupt by the Federal Circuit Court. The liquidator of his failed company SM Project Developments launched legal action against him in November over a $200,000 debt. The bankruptcy application was supported by a range of creditors, including the Australian Tax Office and Prime Marble & Granite…

Salim Mehajer declared bankrupt over $200000 debt – The Sydney Morning Herald

Controversial former Auburn deputy mayor Salim Mehajer has been declared bankrupt by a Federal Circuit Court judge, ratcheting up the pressure on the property developer as he faces a string of criminal charges. The liquidator appointed to Mehajer’s failed company, SM Project Developments, served a bankruptcy notice on Mehajer in September last year and kicked…

‘Reckless’ directors are targeted in overhaul of insolvency rules – The Times

BHS collapsed in 2016, leaving the companys pension scheme with a £571 million deficitDANIEL LEAL-OLIVAS/PRESS ASSOCIATION The government has unveiled plans to introduce an overhaul of Britains insolvency framework designed to prevent a repeat of scandals such as the failures of BHS and Carillion. New laws would make it easier to bring criminal proceedings against…

Salim Mehajer declared bankrupt over $200000 debt – The Sydney Morning Herald

Controversial former Auburn Deputy Mayor Salim Mehajer has been declared bankrupt by a Federal Circuit Court judge, as he faces a string of criminal charges. The liquidator appointed to Mehajer’s failed company, SM Project Developments, served a bankruptcy notice on Mehajer in September last year and kicked off bankruptcy proceedings in November over a debt…