A SEEMINGLY straightforward voluntary liquidation of a multimillion-dollar Toowoomba civil construction business has gone pear-shaped.
Hotshot Transport Queensland Pty Ltd, which traded as HTQ Civil Pipe Mining, was placed in a member’s voluntary liquidation on June 30 and Adam Ward of Worrells Solvency and Forensic Accountants was appointed liquidator.
Before placing the company in liquidation, directors Reuben Dolphin and Clint Kenny completed a statutory declaration of solvency, which according to Mr Ward’s latest report to members and creditors, “states that it is the director’s opinion that the company can pay its due and payable debts within 12 months of the commencement of the winding up”.
This week however, Mr Ward informed c…
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