News
Allied Farmers may be liquidated
Monday 4th of March 2013
Allied received its first demand, by an undisclosed creditor, for $540,000 on February 11 and the 15 working day period to pay back the money comes to an end today (Allied has also received a statutory demand for $3.7 million from Inland Revenue).
“The obligation subject of the demand is secured over an Allied Farmers Investments (AFIL) loan asset that is in default,” Alli...
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