10 March 2021
While most businesses work hard to do the right thing, some want to avoid paying their debts.
Some businesses even intentionally wind up their company. This is called phoenixing, and it's illegal.
Protect yourself from the risk of illegal phoenixing by taking these simple steps before entering into a business arrangement with someone.
If you supect illegal phoenix activity, report it to us by phoning 1800 060 062.
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