He is accused of defrauding would-be clients of more than $100,000.
He faces one charge of using a document for pecuniary advantage, eight charges of obtaining by deception and one of being a manager or director of a company while prohibited.
On Thursday, Judge Ruth said the man was using his ill health and obesity to "subvert" the court process.
Yesterday Mr Meyrick said the warrant was unjustified and police had a "jaundiced" view of his client, who maintained his innocence.
"He's absolutely adamant that these charges are without substance."
He said he found the man "unconscious under a table" the last time he was due in court.
Mr Meyrick said police previously said they opposed bail because they believed the accused could still be offending while at large.
He asked that the warrant be cancelled and the case proceed to the next step, a post-committal conference.
But community magistrate Susan Hovell said the warrant would remain in place and the man would be arrested unless he voluntarily appeared at court. "The matter needs to proceed."
Mr Meyrick said name suppression should continue because identifying the man would affect the business and jobs of five others, including family members.