Kiwifruit labour boss in $57m tax collapse paid himself $7.1m salary, spent $2m on gold
Saran and Gurukirpa had provided labour to the region’s kiwifruit industry until an investigation by industry group Zespri…
Waipukurau retailer Story’s Clothing to close after 20 years on Ruataniwha St
“In this day and age, no one is really interested in taking over small businesses, especially clothing. “With…
Max Key considers ‘tell all’ after Teak Construction collapse
Shareholders appointed liquidators to Auckland’s Teak Construction on March 2. Photo / Teak Construction Key said his residential…
All Blacks great Frank Bunce’s tyre business put into liquidation
Tyremax is listed as having rights to all present and after acquired personal property, making it the highest-ranking…
Happy Sprouts owes IRD $1m after early childhood licence cancellations
However, the pair subsequently learned that the Inland Revenue Department (IRD) had live winding-up proceedings against the company.…
Kiwifruit labour companies run by Ajaypal Singh in liquidation allegedly owing $57m in unpaid tax
“It has been very stressful for me and my family,” Singh said, through an interpreter. Gurukirpa Contracting owed…
Insolvent Gisborne logging company owing $1.7m could not pay creditors
A final report on the insolvent company’s liquidation was released in October. “The cause of the liquidation appears…
Tech Vault ‘Ponzi’ scheme busted, liquidator says elderly woman with dementia among cold-calling victims
He said the business took money from customers through an intermediary company called Flo 2 Cash. It used…
Rio Beverages founder David Thexton’s second juice venture, Hunua Rd Manufacturing, put into liquidation owing $1.12m
The High Court appointed liquidators Lynda Smart and Derek Ah Sam to Hunua Rd Manufacturing on December 16,…
Failed property developer Ritesh Mani must pay $750,000 to supplier, court orders
Fletcher has now sought a court order that Mani must pay his debt with the company as previously…
Long-standing Napier massage studio closes owing almost $200,000 in taxes
It is understood to have been shut for weeks. Hawke’s Bay Today has contacted the owner for comment.…
School uniform firm Sportclub collapses owing $1.5m to IRD, BNZ, NZRL
Liquidators detailed total assets valued at $22,086 at the time of the first report, with $21,192 in vehicles…