Significant Risk Applications for Winding up/Liquidations19/12/2019

An application for liquidation has been submitted by Allied Petroleum Limited and will be heard by the High Court.

An application for liquidation by a creditor is generally an indication that all attempts by Allied Petroleum Limited to recover a debt from Legacy Forestry Contractors Limited have been unsucessful. A petition has been made to to the Court to place Legacy Forestry Contractors Limited in liquidation.