The fusionex Diaries

  The winding up petition versus the Fusionex Team of corporations are still pending prior to the court and Along with the Court docket Listening to the petition in Might 2024.

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In line with a qualified law firm accustomed to liquidation matters, “Hitachi, as the sole shareholder, could have kept its winding up petition in a fundamental and superficial stage.

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Once again, Hitachi’s lawful crew were refused a copy in the ‘Governing administration Directive’ and only allowed to appear at it visually with no having any notes. 

Just before my having access to the Hitachi winding up petition papers, I had invested Nearly two weeks asking sector players, present and previous Fusionex staff members about what might have absent wrong but with very little light-weight on what might have triggered this drastic conclusion by Hitachi.

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In the published reaction handed to Ivan around the working day of the Assembly, Hitachi expressed grave issue around the lack of communications and transparency by Ivan and his leadership team more than the particular mother nature from the monetary predicament of Fusionex.

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