Three entities have lost their bid against their liquidator after the latter proved they were too intertwined to not be considered a pooled group for the purposes of winding up.
Liquidator Mohammad Mirzan Bin Mansoor has won his proceedings in the Federal Court of Australia for justification to combine three related entities into a single fund before winding them up after the court found that the companies were too intertwined to be dealt with separately.
Mansoor was appointed liquidator of the three companies: Harley Cranes Payroll Pty Ltd (in liquidation) (HCP), Harley Cranes & Rigging Pty Ltd (in liquidation) (HCR) and Harley Cranes Group Pty Ltd (in liquidation) (HCG).
The…