KEY POINTS:
More complaints have been made to the Companies Office about Blue Chip co-founder Mark Bryers.
He also faces being summoned to submit to an examination by the liquidators of a Blue Chip-related company, Swordfish Lodge Management.
Bryers is the sole director of Swordfish, which managed the Gulf Harbour Lodge in Whangaparaoa on behalf of 29 investors. Swordfish owes $2.7 million.
This week the liquidators have complained that Bryers failed to give them a statement of Swordfish's affairs as required and did not turn up to a creditors' meeting.
They also say Swordfish failed a solvency test under the Companies Act by having more liabilities than assets.
Swordfish went into voluntary administration on March 4 and into liquidation a month later.
Liquidators Montgomerie and Associates say accounting processes had stopped around a year ago and determining the company's financial position was difficult.
They say Swordfish's accounting functions were dealt with within the wider Blue Chip franchise group.
Bryers was required to supply a statement about the company's affairs within five working days of being served notice but failed to do so. The liquidators say he also failed to attend a creditors' meeting on March 27.
Liquidator Bernie Montgomerie says they plan to summon Bryers to come before an examination. He would be given a list of questions in advance, and told what records he needed to bring. If he failed to turn up he would be required to appear at a High Court hearing.
The complaints from the Swordfish liquidators will be dealt with by the National Enforcement Unit of the Ministry of Economic Development, which is also investigating another complaint against Bryers.
The liquidators of the other 21 failed Blue Chip-related companies have complained that Bryers did not attend their March 26 creditors' meeting.
