A construction company has failed to convince the court that it was solvent after it was issued a winding-up application over $100k in subcontracting work allegedly unpaid for.
After performing work for a construction company for a shortfall of over $100,000, one subcontracting company has had its winding-up application adjourned, with the court offering the construction company the opportunity to repay its debt prior to further action.
Having failed to comply with a statutory demand for a winding-up application in late 2025 for $117,006 in debt, construction company Zerdest Pty Ltd failed in its ground against electrical and solar system business Technoport Co Pty Ltd at the…