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Dural Alliances Pty Ltd – profile

Dural Alliances Pty Ltd (“Dural“) is a company owned by Ralph Paligaru.

Dural Alliances Pty Ltd was a company set-up in August 2017 with Ralph’s former partner in the Dural land, Craig Adams. Dural, Ralph and Amreeta borrowed the sum of $540,000 using their property at 88 Perfection Ave, Stanhope Gardens as security for a loan from Franklin Yeezy Pty Ltd. The mortgage and a deed was prepared by John Mahony of Mahony Law. The $540,000 was loaned by Dural, Ralph and Amreeta to Craig Adam’s company Golden Arrow International Pty Ltd security by land in Warriewood. A caveat ought to have been lodged on the land at Warriewood. A caveat was not promptly lodged against the land at Warriewood. Ultimately, Ralph & Amreeta lost their house at 88 Perfection Ave, Stanhope Gardens when they could not repay Franklin Yeezy – the Franklin Yeezy loan was subject to an interest rate of 6% per month (in default).

Ralph held a little know (possibly secret) but mostly silent interest in a written joint venture between himself and Craig Adams.

Craig Adams (“Craig“) subject to a secret joint venture agreement between Ralph Paligaru (“Ralph”).  Ralph is and was the trustee of the former vendor of Dural with a registered power of attorney.

Bargo is now in liquidation, Craig is bankrupt and Ralph appears to be heading in the same direction with debts including judgment debts mounting.

For more information – chat with us live using our instant chat tools (bottom corners), book an appointment or call now on 1300-327123 (till late).

To contact us with any tip-offs, files or information – please use the instant chat tools or form below:

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DCPLH v Golden Arrow International Pty Ltd (in liquidation)

golden arrow 3

Golden Arrow International Pty Ltd (in liquidation) (“Golden Arrow”) is a creditor to DCPLH (as the assignee of Ralph Ignatius Paligaru, Amreeta Paligaru and Dural Alliances Pty Ltd, together “the Paligaru’s“).

Craig Adams was the director of Golden Arrow and other companies placed into liquidation in mid to late 2018.

Golden Arrow was the owner of a large development site sold for $16,700,000.

DCPLH is the assignee of the Paligaru’s debt where it seems, an unsecured creditor, Australasian Property Group Pte Ltd may have been paid a preference payment (in preference to the Paligaru’s, our assignors) or the payment and the security it received may be voidable?

These alleged facts may become the subject of litigation before the NSW Supreme Court in the coming months (as from June 2019)?

Anyone interest to discuss Golden Arrow, Craig Adams, Australasian or the Paligaru’s can call us anytime on 1300-327123.

To view related blogs, case notes or otherwise, follow the following category links and tags below.

For more information – chat with us live using our instant chat tools (bottom corners), book an appointment or call now on 1300-327123 (till late).

To contact us with any tip-offs, files or information – please use the instant chat tools or form below: