Victorias Novatel Telecommunications has gone into liquidation, leaving debts of more than $2 million to a range of creditors, including Emersion Software Systems, Wirefree Broadband, Megaport and Loanworks Technology.
Jirsch Sutherland partner, Malcolm Howell, was appointed as liquidator for the Melbourne-based telecommunications company on 16 March.
According to documents lodged with the Australian Securities and Investments Commission (ASIC), Novatel Telecommunications went into liquidation owing more than $580,000 to Wirefree Broadband, nearly $49,000 to Melbournes Emersion Software Solutions and $48,000 to Loanwo…
Read the full article at: https://www.arnnet.com.au/article/618313/melbourne-telco-liquidated-leaving-2m-debts/
