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Insolvency Watch

Shark Patrol's Insolvency Watch monitors the world wide web in New Zealand for liquidations, receiverships, bankruptcy news as well as reports of convictions of fraud and other 'white collar' crimes'. However as we also include events such as 'Solvent Liquidations' inclusion on this page does not always mean that the company, the directors and / or shareholders are insolvent.

February 23rd, 2012

Categories
Application to Liquidate

Carl Yung Gems Limited made an application to place LEADING DESIGN JEWELLERY LIMITED in liquidation.

The application, dated 26 January 2012, is to be heard by High Court at Auckland on 14th March 2012 at 10:00am.

Reference number: CIV 2012-404-0326

Companies Office records for LEADING DESIGN JEWELLERY LIMITED list the following as Director/s.

  • Gary Dene CAMERON of 26 Ring Tce St Mary’s Bay Auckland
  • Anthony Edward Faed MACMILLAN of 3 Rawhiti Rd One Tree Hill Auckland

Plaintiffs address for service: is at the offices of Daniel Overton & Goulding, 33 Selwyn Street, Onehunga, Auckland

The plaintiff’s solicitor is: is Timothy John Goulding, of the firm Daniel Overton & Goulding.

Dated this 22nd day of February 2012.

The above Public Notice of ‘Advertisement of Application for Putting Company into Liquidation’ is in an abbreviated format to that advertised, and in most cases (unless otherwise stated) it is assumed that the following will apply:

  • A person, other than the defendant company, who wants to appear at the hearing of the application, must file an appearance not later than the second working day before that day.
  • The statement of claim and the verifying affidavit may be inspected at the registry of the court or at the plaintiff’s address for service.
  • You may obtain further information from the registry of the Court or from the plaintiff’s solicitor.
February 23rd, 2012

Categories
Application to Liquidate

The Commissioner of Inland Revenue made an application to place MIRAGE AUDIO VISUAL LIMITED in liquidation.

The application, dated 29 November 2011, is to be heard by High Court at Auckland on Wednesday, 14 March 2012 at 10.45am.

Reference number: CIV-2011-404-7651

Companies Office records for MIRAGE AUDIO VISUAL LIMITED list the following as Director/s.

  • Mathew Ross MORGAN of 5 Secoia Crescent Mangere Auckland
  • Faye Marlene MORGAN of 5 Secoia Crescent Mangere Auckland
  • Maurice Eric MORGAN of 5 Secoia Crescent Mangere Auckland

Plaintiffs address for service: is Inland Revenue Department, Legal and Technical Services, 5 Osterley Way, Manukau City, Auckland 2104. Postal Address: PO Box 76198, Manukau City, Auckland 2241. Telephone (09) 985-7068, Facsimile (09) 985-9473.

The plaintiff’s solicitor is: Mary Felicity Nelson, whose address is as noted above.

Dated this 16th day of February 2012.

The above Public Notice of ‘Advertisement of Application for Putting Company into Liquidation’ is in an abbreviated format to that advertised, and in most cases (unless otherwise stated) it is assumed that the following will apply:

  • A person, other than the defendant company, who wants to appear at the hearing of the application, must file an appearance not later than the second working day before that day.
  • The statement of claim and the verifying affidavit may be inspected at the registry of the court or at the plaintiff’s address for service.
  • You may obtain further information from the registry of the Court or from the plaintiff’s solicitor.
February 23rd, 2012

Categories
Application to Liquidate

875 Frankton Road Limited made an application to place DONGEO HOLDINGS LIMITED in liquidation.

The application, dated 05 December 2011, is to be heard byHigh Court at Auckland on 16 March 2012 at 10.00am.

Reference number: CIV-2011-404- 7786

Companies Office records for DONGEO HOLDINGS LIMITED list the following as Director/s.

  • Donald Geoffrey CLAASEN of Apartment 3b/104b Gladstone Rd Parnell Auckland

Plaintiffs address for service: is Preston Russell Law, Solicitors, 92 Spey Street (PO Box 355), Invercargill, telephone (03) 211-0080, facsimile (03) 211-0079.

The plaintiff’s solicitor is: Sarah Nichole McKenzie, whose address is as noted above.

Dated this 15th day of February 2012.

The above Public Notice of ‘Advertisement of Application for Putting Company into Liquidation’ is in an abbreviated format to that advertised, and in most cases (unless otherwise stated) it is assumed that the following will apply:

  • A person, other than the defendant company, who wants to appear at the hearing of the application, must file an appearance not later than the second working day before that day.
  • The statement of claim and the verifying affidavit may be inspected at the registry of the court or at the plaintiff’s address for service.
  • You may obtain further information from the registry of the Court or from the plaintiff’s solicitor.
February 23rd, 2012

Categories
Application to Liquidate

The Commissioner of Inland Revenue made an application to place ELLCON FINANCIAL SERVICES LIMITED in liquidation.

The application, dated 27 January 2012, is to be heard by High Court at Auckland on Wednesday, 14 March 2012 at 10.00am.

Reference number: CIV-2012- 404-0350

Companies Office records for ELLCON FINANCIAL SERVICES LIMITED list the following as Director/s.

  • Mark Gerrard PETERS of 13 Byblos Place Manurewa Auckland
  • Claire Janeen PETERS of 13 Byblos Place Manurewa Auckland

Plaintiffs address for service: is Inland Revenue Department, Legal and Technical Services, 5 Osterley Way, Manukau City, Auckland 2104. Postal Address: PO Box 76198, Manukau City, Auckland 2241. Telephone (09) 985 7068, Facsimile (09) 985 9473.

The plaintiff’s solicitor is: Mary Felicity Nelson, whose address is as noted above.

Dated this 17th day of February 2012.

The above Public Notice of ‘Advertisement of Application for Putting Company into Liquidation’ is in an abbreviated format to that advertised, and in most cases (unless otherwise stated) it is assumed that the following will apply:

  • A person, other than the defendant company, who wants to appear at the hearing of the application, must file an appearance not later than the second working day before that day.
  • The statement of claim and the verifying affidavit may be inspected at the registry of the court or at the plaintiff’s address for service.
  • You may obtain further information from the registry of the Court or from the plaintiff’s solicitor.
February 23rd, 2012

Categories
Application to Liquidate

On 2 February 2012 Duncan Cotterill Lawyers placed a public notice advertising its application for putting Staxus Limited into liquidation.

Duncan Cotterill Lawyers retracts the advertisement referred to above and will be formally withdrawing its application for putting Staxus Limited into liquidation.

February 23rd, 2012

Categories
Liquidation, Media Watch

SMG Properties, one of the companies which developed Queenstown’s five star, $100 million The Rees Hotel, owes almost $53 million to its creditors, according to the liquidator’s latest report.

Read the full article on line >>> Otago Daily Times

February 23rd, 2012

Categories
Business failures, Media Watch

Customers of failed kitchen company Kitchen House appear to have little hope of receiving their new cabinets and benchtops, or their money back.

Kitchen House closed its doors on Monday morning and laid off all staff but was not responding to calls from customers, some owed thousands of dollars.

Read the full article on line >>> stuff.co.nz

February 22nd, 2012

Categories
Liquidation

RAINWATER CAPITAL LIMITED was put into Liquidation on the 21 Feb 2012 by 241(2)(a) – Special Resolution of Shareholders.

Companies Office records for RAINWATER CAPITAL LIMITED list the following as Director/s:

  • Deborah Marie SHUTTLEWORTH of 47 Agapanthus Place Flat Bush Manukau

The Liquidator is:
Clive JOHNSON
Po. Box 33 171, Takapuna, Auckland 0740.
Phone: 09 377 5536
Email: cajohnson@xtra.co.nz

Liquidator reports: Liquidator First Report due 27 Feb 2012

A company can be placed into liquidation in one of the following ways:

Through a ‘Special Resolution of Shareholders – 241(2)(a)’ including Solvent Liquidations; or

A decision of the ‘Board of Directors – 241(2)(b)” of the company following an event specified in the company constitution to cause liquidation; or

A ‘Creditors Resolution Passed at Watershed Meeting – 241(2)(d)’; or

The High Court makes an order following an application to the ‘Court – 241(2)(c)’ by either the company, a director, a shareholder or a creditor of the company; or

‘Vacancy in Office – 283(8)’, an existing Liquidator resigns and is replaced.

February 22nd, 2012

Categories
Liquidation, Receiverships

GULF HARBOUR MARLIN LIMITED was put into Receivership on the 21 Feb 2012

Companies Office records for GULF HARBOUR MARLIN LIMITED list the following as Director/s:

  • Campbell Layne KELLS of 72 Williamson Avenue Grey Lynn Auckland

The Receiver is:
John CREGTEN and Justin BOSLEY – CORPORATE FINANCE LIMITED
Po Box 532, Auckland, 1140.
Phone: 09 358 1230
Email: cfl@corpfin.co.nz

Receiver reports: Receivers First Report due 26 Apr 2012

February 22nd, 2012

Categories
Media Watch

A chain of kitchen stores associated with failed furniture maker Criterion has stopped trading.

National chain company Kitchen House fired its staff by email on Monday morning, ordering them to lock up and leave the premises.

Read the full article on line >>> stuff.co.nz – Dominion Post