MORE than three years since CQ Leagues Club went into receivership, the company which left a debt of more than $2.5 million, is expected to be wound up by next month.
Insolvency company Worrells Rockhampton was appointed liquidator of the company of February 15, 2017.
Documents submitted to the Australian Securities and Investments Commission in April this year reveal $2,585,150.34 was owed to creditors with $495,694.23 paid since the liquidation date.
The companies assets were estimated at $505,665.06 with no future income expected.
Employee wages and superannuation owed was estimated at $815.
There was a further $101,999 owed in employee leave and redundancy payouts however it is understood this has been paid out under the Federal Gov…
Read the full article at: https://www.themorningbulletin.com.au/news/cq-sports-club-liquidation-nearing-completion-thre/4048416/