Significant Risk Applications for Winding up/Liquidations28/05/2024

An application for liquidation has been submitted by Farmers First Logistics Limited and will be heard by the High Court.

An application for liquidation by a creditor is generally an indication that all attempts by Farmers First Logistics Limited to recover a debt from Central Bulk Transport Limited have been unsucessful. A petition has been made to to the Court to place Central Bulk Transport Limited in liquidation.