CORPORATIONS – continuous disclosure regime for entities listed on the Australian Stock Exchange – civil penalty – where first defendant in business of manufacturing and selling food products – where valueless inventory not written off – where revenue included invoices for unfulfilled purchase orders liable to cancellation – where declarations and pecuniary penalty made against the first defendant – where third defendant was the chief financial officer of the first defendant – where third defendant admits alleged contraventions
Original article available at: https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/single/2024/2024fca1192
For more information, see the original judgement.