A Melbourne-based professional trailer manufacturer has declared bankruptcy causing a total loss of $925,430 to its creditors. At least four companies owned by Indian Australians lost over $400,000 with two of them describing it as 'a breach of trust’ on the part of the director and co-company owner Sukhdev Singh and his associates.
One of Melbourne’s major trailer manufacturers has gone into liquidation and director has filed for bankruptcy, leaving many of its suppliers and customers out of pocket by at least $1 million.
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