On 24 April 2015

Paul Burness and Con Kokkinos of Worrells Solvency & Forensic Accountants were appointed as voluntary liquidators of Shiva Yoga Inc on the 23rd April 2015 by resolution of the members.

The members’ resolution was preceded by a Declaration of Solvency lodged with Consumer Affairs Victoria outlining that the association was in a position to pay all creditors in full within 12 months of the winding up.

The organisation has been providing yoga and meditation services to the local community for the last 25 years.

Mr. Burness said “there was no doubt that it was a very difficult decision to make for the members and that they had been proactive in putting the organisation into the hands of independent party, so as to maximise any surplus assets being available from the association”.

Mr. Burness said, “I am cognisant of the allegations against the ashram and would be dealing with all potential claims as part of the liquidation process”.

The liquidators, through their office in Frankston, look forward to assisting the local community to achieve the best possible outcome for all concerned. Those affected by the liquidation can contact the following parties:

Paul Burness (03) 8785 9088

Matthew Kucianski (03) 8785 9080

-ENDS-

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