A complex structure of companies linked to Sydney-based financial adviser Kris Agrawal and his wife Sashi were placed into voluntary administration in August.
Cathro & Partners, which is acting for three of those companies now in liquidation, identified an additional $44.4 million in debts owed to creditors, bringing the total debts owed by the Agrawals to over $80 million.
Recent Articles
Financial pressure is a reality for many Australians right now. Higher household costs, interest rates and other financial pressures can put significant strain on individuals and families. Of course, financial pressure does not mean someone will commit fraud. Most people experiencing financial difficulty will never do anything dishonest. But from
Financial pressure is a reality for many Australians right now. Higher household costs, interest rates and other financial pressures can put significant strain on individuals and families. Of course, financial pressure does not mean someone will commit fraud. Most people experiencing financial difficulty will never do anything dishonest. But from
In this episode of The Cut, Simon speaks with Samantha Parsons of Parsons & Partners about the rapidly growing private credit and non-bank lending sector. They discuss mortgage fraud, identity verification, digital signing, AI, lender due diligence, changing case law and the importance of properly structured loan documents. Samantha shares
In this episode of The Cut, Simon speaks with Samantha Parsons of Parsons & Partners about the rapidly growing private credit and non-bank lending sector. They discuss mortgage fraud, identity verification, digital signing, AI, lender due diligence, changing case law and the importance of properly structured loan documents. Samantha shares
What should a receiver or liquidator look for when investigating the actions of a director whose appointment of administrators ultimately nets for him or her the company’s valuable assets? And what does that director need to do when considering the appointment? How will a court later deal with issues of
What should a receiver or liquidator look for when investigating the actions of a director whose appointment of administrators ultimately nets for him or her the company’s valuable assets? And what does that director need to do when considering the appointment? How will a court later deal with issues of
