Significant Risk Applications for Winding up/Liquidations14/01/2025

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 Gulati Brothers Limited have been unsucessful. A petition has been made to to the Court to place Gulati Brothers Limited in liquidation.