Notice of Appointment of Liquidator
Helena Boston, accountant of Palmerston North, was appointed liquidator of the above-named companies, pursuant to section 241(2)(a) of the Companies Act 1993.
The liquidation commenced on Friday, 19 June 2009 at 9.00am.
Notice of Meeting of Creditors
The liquidator does not consider that a meeting of creditors should be held as the companies have not traded for over
12 months and following realisation of security by the company bankers, the remaining bank debt and that of unsecured creditors materially exceed the value of their assets such that a distribution to unsecured creditors is unlikely.
In the event that this position changes, the liquidator will advise, in writing, all creditors (at the address advised at the time of lodging their claim) of the changed position.
Accordingly, no meeting of creditors will be called in
the interim unless a creditor gives notice in writing to the liquidator within 10 working days after the publication of this notice, requiring a meeting to be called.
Notice to Creditors to Claim
Notice is also given that the liquidator fixes Friday, 10 July 2009, as the day on or before which the creditors of the company are to make their claims and to establish any priority their claims may have, under section 312 of the Companies Act 1993, or to be excluded from the benefit of any distribution made before the debts are claimed or, as the case may be, from objecting to the distribution.
Dated this 19th day of June 2009.
HELENA BOSTON, Liquidator.
Creditors and Shareholders May Direct Enquiries to the Liquidator: Helena Boston, acCounting Beans Limited,
PO Box 12129, Inner City, Palmerston North 4444. Mobile: (021) 161 8109. Email: helena@accountingbeans.co.nz