September 18, 2026 — 3:49pm
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Embattled Sydney developer Bathla Group has secured a 12-month extension from the NSW Supreme Court to finalise construction projects, but it is dependent on securing additional funds from lenders.
Administrator Teneo said on Friday that the company, which owes creditors $3.4 billion, had been given a lifeline with the extension of the convening period for the business to September 13, 2027.
It comes as the short-term funding package, which was secured last week to keep the group and its 542 entities operational…
Read the full article at SMH.COM.AU
