Significant Risk Applications for Winding up/Liquidations07/03/2023

An application for liquidation has been submitted by Worx Engineering and will be heard by the High Court.

An application for liquidation by a creditor is generally an indication that all attempts by Worx Engineering to recover a debt from Nz Bales Limited have been unsucessful. A petition has been made to to the Court to place Nz Bales Limited in liquidation.