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Australian Securities and Investments Commission v Noumi Limited (No 4) [2024] FCA 1192

Australian Securities and Investments Commission v Noumi Limited (No 4) [2024] FCA 1192

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


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