Significant Risk Applications for Winding up/Liquidations08/04/2025

An application for liquidation has been submitted by Webster Drilling & Exploration Limited and will be heard by the High Court.

An application for liquidation by a creditor is generally an indication that all attempts by Webster Drilling & Exploration Limited to recover a debt from Auckland Construction And Electrical Solutions Limited have been unsucessful. A petition has been made to to the Court to place Auckland Construction And Electrical Solutions Limited in liquidation.