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According to the report, remuneration for work done thus far by the voluntary administrators was fixed at $235,000, along with $50,000 for the liquidator.
In an update to the court, CHC's liquidator Kieran Wallace said €61 million in client funds were found to have been misappropriated.
Mr O’Connor was appointed provisional liquidator earlier this month when the two companies in the group petitioned for the winding up.
Mrs Haworth was disqualified from being a company director for nine years and her business has been referred to a liquidator.
Source: https://www.burytimes.co.uk/news/23985127.bury-business-boss-banned-claiming-covid-loan/?ref=rss
Owners of the company emailed customers on May 3 telling them the business was no longer trading and a liquidator would be in touch as soon as possible.
The fact that a provisional liquidator has been put in control of Morton’s, following a order to wind up the business, may suggest that the days of the current entity that operates the business – Morton’s Rolls Limited – are numbered.
The sale notice has been issued by Santanu T Ray, who was appointed as a liquidator of Firestar Diamond International Private Limited by the Mumbai bench of the National Company Law Tribunal (NCLT) in February 2020.
Two separate applications were moved by a liquidator stating that orders of the court passed in 2021 were not complied with by the banks despite repeated notices.