The Court has also tasked the interim liquidators on the Fusionex Group of corporations to issue a report to the position on the business and money affairs of the businesses. It is hoped that this kind of report will also shed some light-weight around the state of Fusionex.

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Eventually, as stated by Hitachi in its winding up papers, Fusionex was “potentially while in the zone of insolvency” and “unable to carry on carrying on its small business in its present state.”

An govt in the company tells DNA, “We wish to wait For additional clarity best site on what definitely transpired at Fusionex before you make any decisions of guidance.”

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The management workforce plus the CEO owe a fiduciary duty to your Board and can't withhold any details asked for through the Board,” he said.

“The former senior management departed the corporate instantly with no form of handover of the administration and also the operations.

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