By Susan Edmunds A nationwide solar power company that was founded in Christchurch has been put into liquidation, leaving some customers worried about the contracts they have signed with the business. SolarZero – which offers customers solar power systems with no upfront cost but an ongoing, multi-decade lease – said the directors had requested its shareholder…
Mosaic brands’ flagship stores, including Millers, Rivers and Katies, will continue trading as the company undergoes voluntary administration. … Read the original article here
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Photo: LDR Solar power company SolarZero has been put into liquidation, leaving some customers worried about the contracts they have signed with the company. The company – which offers customers solar power systems with no upfront cost but an ongoing, multi-decade lease – said the directors had requested its shareholder appoint a liquidator. It said…
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SUMMARY The NCLAT rejected Multiple Brand Solutions’ contention, saying that the vendor’s claim for payment of invoices was “disputed much before demand notice was issued” Multiple Brand Solutions sought to initiate bankruptcy proceedings against Amazon Wholesale (India) over alleged default of INR 3.7 Cr between March 2023 and May 2023 Earlier, the Delhi bench of…
Questions swirl as homeowners await SolarZero answers The Post Read the original article here
The ultimate pay situation would depend on whether the liquidators recovered any funds. Due to “unsustainable operating losses and liquidity constraints”, the business was unable to continue trading in its current form. She said the firm was “losing millions every year”. AdvertisementAdvertise with NZME. But it recently secured credit lines of more than $195m to…
SolarZero Limited (in liquidation) directors have requested its senior lenders take enforcement action and appoint the standby servicer Verofi as a replacement servicer, and that its shareholder appoint a liquidator. Customers will not be affected by the liquidation announcement, says SolarZero. Ahead of the liquidation, the senior lenders appointed Verofi as the replacement service provider…
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