Hellenic Dynamics
Hellenic Dynamics is facing down its second petition for compulsory liquidation this year as it continues to endure funding delays.
This week, Hellenic published an update to investors stating that a new petition for compulsory liquidation had been filed on November 01 by a shareholder.
According to the petition, which is now due to be heard in the High Court on December 18, Hellenic owes £32,274.26.
However, Hellenic’s directors are pushing back on the petition, claiming that as the petitioner is not a creditor of the company, the petition ‘amounts to an abuse of the process of the High Court’.
As such, Hellenic will be making an application for the petition to be dismissed.
This marks…
