Significant Risk Applications for Winding up/Liquidations05/06/2024

An application for liquidation has been submitted by Abdul’s Truck, Trailer & Vehicle Services Limited and will be heard by the High Court.

An application for liquidation by a creditor is generally an indication that all attempts by Abdul’s Truck, Trailer & Vehicle Services Limited to recover a debt from Apex Limited have been unsucessful. A petition has been made to to the Court to place Apex Limited in liquidation.