Significant Risk Applications for Winding up/Liquidations21/05/2020

An application for liquidation has been submitted by Commissioner Of Inland Revenue and will be heard by the High Court.

An application for liquidation by a creditor is generally an indication that all attempts by Commissioner Of Inland Revenue to recover a debt from Bios Fuel Corporation Limited have been unsucessful. A petition has been made to to the Court to place Bios Fuel Corporation Limited in liquidation.