Entrepreneur moves to challenge his debts

Entrepreneur moves to challenge his debts
Ashutosh Sharma wants to challenge a decision saying he owes more than $40,000 in unpaid rent to his former landlord. (Image: NZME)
Oliver Lewis
A young tech entrepreneur facing bankruptcy proceedings says he has the financial means to repay his former landlord but is challenging the amount owed.Last February, the tenancy tribunal upheld an earlier decision against Ashutosh Sharma for not paying rent on an expensive North Shore property.After Sharma failed to pay the debt – of more than  $40,000 – the owner of the property, Aaron Ridgway, initiated bankruptcy proceedings against him in the high court at Auckland.Last year, BusinessDesk published an investigation into th...

More Law & Regulation

Calling all mediators
Law & Regulation

Bronwyn Heenan: Calling all mediators

Workers and their bosses both need to have access to timely and skilled mediators.

Bronwyn Heenan 26 Apr 2024
'Serious compliance breaches' in NZ sharemarket
Markets

'Serious compliance breaches' in NZ sharemarket

Seven matters were referred to the NZ Markets Disciplinary Tribunal last year.

Murray Jones 24 Apr 2024
RBNZ challenges ComCom call to review its banking capital settings
Law & Regulation

RBNZ challenges ComCom call to review its banking capital settings

The RBNZ says it has just finished reviewing capital settings and is phasing them in.

Staff reporters 23 Apr 2024
NZ promotor of global pyramid scheme convicted on five charges
Law & Regulation

NZ promotor of global pyramid scheme convicted on five charges

Investors in the 'Lions Share' scheme lost nearly $17 million worldwide.

Staff reporters 23 Apr 2024