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Dreams of cheap holidays have turned into a financial nightmare for customers of a holiday points scheme after the company behind it collapsed into liquidation. Gold Sun Holdings Pty Ltd, which operated The Resort Club from Mooloolaba, Sunshine Coast, was placed into creditors’ voluntary liquidation on July 20, leaving members and other creditors scrambling to…
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REVEALED: Latest business liquidations in Bayswater The Daily Telegraph Read the original article here
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“We were advised that the company could not pay the debt,” she told Associate Judge Nick Malarao. She said an adjournment was granted on June 11, but the tax agency had received no further proposal. Inland Revenue asked for the Official Assignee to be appointed as liquidator. Associate Judge Malarao ordered the company to pay…
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Forced liquidation of single-stock leveraged ETFs drove KOSPI plunge? IDNFinancials Read the original article here