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Construction company director banned for seven years over mismanagement

World 1 source 1 country 🔦 Under-reported 18m ago

The Companies Registrar has imposed a seven-year ban on a director of Heivon Constructors following an investigation into the company's collapse. The regulatory action was taken due to findings of mismanagement during the firm's period of operation.

Specifically, the investigation determined that the director allowed the company to continue trading while it accrued significant unpaid tax debt. This mismanagement was identified as a contributing factor to the eventual failure of the construction business.

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Read the full story at the source Stuff (Wellington/Auckland, New Zealand) · NZ
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