Power Rush Trading 266 (Pty) Ltd
Date submitted: 05.12.2018
Comments made by the trustee/liquidator
Welcome to Summit Trust.
Kindly be advised that Jochen Eckhoff and Hanlie Henning will be attending to the liquidation of Power Rush Trading 266 (Pty) Ltd (In Liquidation) “Power Rush”. Furthermore, all communications regarding this estate (progress reports, creditor reports, meeting of creditors etc) will be done via this online estate profile, the Government Gazette and one or more newspapers circulating in the district in which the company was registered or had its main place of business.
Kindly be advised that Power Rush was liquidated on 12 November 2018. Furthermore, The Master of the High Court appointed Jochen Eckhoff (Summit Trust) and Hanlie Henning as Provisional Liquidators of Power Rush on 28 November 2018. It is the duty of the Provisional Liquidators to take control of the company’s assets and not to report on the company’s affairs. The Liquidators will submit a formal creditors report at the second meeting of creditors.
The Master of the High Court will now convene by notice in the Gazette, a first meeting of the creditors of the estate for the proof of their claims against the estate. The Master shall publish such notice on a date not less than ten days before the date upon which the meeting is to be held and shall in such notice state the time and place at which the meeting is to be held.
The first meeting of creditors was successfully held and closed on 21 January 2019 at the Magistrate’s court, Upington. The Liquidators shall, within three months, convene the second meeting of creditors. The purpose of the second meeting of creditors is to prove additional claims against the estate, adopt resolutions and to table a formal creditors, members and contributories report. The time, date and place of the second meeting of creditors and the creditors, members and contributories report will be made available on this website.
Kindly be advised that all meetings of creditors and members, enquiries and activities pertaining to our estates will be suspended until further notice. We will continue to closely monitor the development of the Coronavirus (COVID-19) outbreak and remain alert about potential risks to our estates and our clients’ interests. We will strive to mitigate any damage suffered by all interested parties, due to these testing times, to the best of our abilities. We will keep you informed.