Meanwhile, the family trust of Kenyon and Charlotte Clark has also been put into receivership.
Justice Minister called on to initiate Law Commission review.
High Court finds contractor not guilty after private prosecution by NZX-listed utility.
Two people have pleaded not guilty to charges in the Auckland District Court.
A2 Milk said to be the target, but major instos say they haven't been approached.
Director Zhongyang Meng and accountant Jiashun Qian had accepted FMA allegations.
The hotel developers succeeded in keeping the contractor on the Companies Register.
The sale price for the luxury resort in Taupō had not been disclosed.
Claim follows losses of $80m for investors.
Ads incorrectly claimed its investors could retire with up to 20% more than average KiwiSaver.