The administrator for Mesh Direct has decided to liquidate the remainder of the company after Insane Signs purchased the majority of the company’s assets last week.
The decision to wind up Mesh Direct Media Pty Limited and place it into liquidation was made at the second creditors meeting on Friday, exactly one month after the business went into voluntary administration.
The Australian Tax Office is the largest debtor to the business owed $875,419.58.
“An application for the winding up of Mesh Direct Media Pty Limited was commenced by the Plaintiff – the Deputy Commissioner of Taxation on 2 April 2024,” the winding up order states.
A hearing in the Federal Court will take place at 9.30am on Friday…
