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AAP
AAP
Business
Catherine Bouris

MYSTERIOUS: Court grants embattled developer 12 month extension - You Need To See This

Residential developer Bathla entered voluntary administration owing $3.4 billion to creditors. (Dan Himbrechts/AAP PHOTOS)

An embattled developer has received a reprieve in the form of a 12-month extension to finalise its existing construction projects.

Insolvency advisor Teneo says the Supreme Court of NSW has granted Bathla an extension of the convening period for voluntary administration until September 13, 2027.

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