Is A Uk Company Really Independent Of It’s Folded Mother Company In Australia?

I noticed that a ‘corporation’ in Australia has gone into administration, yet the UK ‘sister’ company directed by the same family claim to be unaffected. Australian customers are possibly going to lose out on thousands of pounds due to that company’s lay by scheme and now have vouchers of little value to them, while the owning family continue to rake it in from the UK.
Can a family let a company in Australia run itself into the ground and concentrate on the UK branch without refunding their Australian customers?

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