Supplied Content
Auckland, February 27, 2026
In a significant development, Iconic Food 4 Less New Lynn Ltd has entered into liquidation. The High Court in Auckland made this decision on February 24, 2026, following a petition from a creditor, supported by other major creditors.
Pritesh Patel, a Licensed Insolvency Practitioner, is the Court-Appointed Liquidator.
The Liquidator has indicated that the best course of action in this administration is to maximise the dividend payable under the Seventh Schedule of the Companies Act.
This approach involves keeping the business operational during the liquidation process until a suitable buyer is secured.
About Food 4…