Notice of Appointment of Liquidator
David Petterson, forensic accountant of Levin, was appointed liquidator of HURLSTONE EARTHMOVING LIMITED, pursuant to section 241(2)(c) of the Companies Act 1993.
The liquidation commenced on Friday 9 September 2011 at 10.15am.
Notice of No Meeting to be Called
The liquidator does not consider that a meeting of creditors should be held as at the present time the indicative liabilities of the company materially exceed the value of its assets such that a distribution to unsecured creditors is at present, 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
30 September 2011 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 9th day of September 2011.
DAVID ROSS PETTERSON, Liquidator.
Creditors and Shareholders May Direct Enquiries to the Liquidator: David Petterson, Forensic Accounting
Services Limited, PO Box 1003, Levin 5540. Telephone: (06) 367 8044. Email: david@fasl.co.nz
Note: The company is presently being administered by receivers.