The corporate regulator has notified several lenders to hand over files or provide statements as it scrutinises the $3.4 billion collapse of the developer.

Bathla’s co-founder gave personal security on loans despite having little to his name. The developer’s demise may result in those creditors pursuing him for bankruptcy.

Morgan Stanley warns Bathla Group's A$3.3 billion collapse could reduce consumer spending and send shockwaves through Australia's private credit