Significant Risk Applications for Winding up/Liquidations31/03/2021

An application for liquidation has been submitted by Nz Chemical Care & Storage Limited and will be heard by the High Court.

An application for liquidation by a creditor is generally an indication that all attempts by Nz Chemical Care & Storage Limited to recover a debt from Packaging Materials (Nz) Limited have been unsucessful. A petition has been made to to the Court to place Packaging Materials (Nz) Limited in liquidation.