Significant Risk Applications for Winding up/Liquidations16/06/2025

An application for liquidation has been submitted by Waitomo Petroleum Limited and will be heard by the High Court.

An application for liquidation by a creditor is generally an indication that all attempts by Waitomo Petroleum Limited to recover a debt from Excel Freights Limited have been unsucessful. A petition has been made to to the Court to place Excel Freights Limited in liquidation.