Are consumers/investors who have suffered loss from a breach of contract protected by any body or legislation in Australia without engaging a lawyer?
For example, a company who has received investment from retail investors is threatened with liquidation due to mismanagement and is unable to pay back the capital along with accumulated interest. How are these investors protected under Australian Law and by bodies such as ASIC?
PS. These investors are a mixture of Australian Citizens and foreign investors from across Asia.
For example, a company who has received investment from retail investors is threatened with liquidation due to mismanagement and is unable to pay back the capital along with accumulated interest. How are these investors protected under Australian Law and by bodies such as ASIC?
PS. These investors are a mixture of Australian Citizens and foreign investors from across Asia.