The Petition to wind up Walker Sons and Company Engineers was filed by a Maldivian company, Total Transport Solutions Ltd., whose ultimate parent company is Hayleys PLC. The Petitioner alleges that Walker Sons owes the Petitioner over Rs. 17 million for the crane-hiring services provided by the Petitioner to Walker Sons, for the construction of a Tank Farm in K. Funadhoo Island in the Maldives.
Counsel Avindra Rodrigo with Rozali Fernando appearing for the Petitioner supported the winding-up Petition on 6 December, and Court, having heard the submissions made by Counsel and taking into consideration the contents of the Petition, fixed the matter for inquiry on 4 April.
The notice of the winding-up Petition has been published in newspapers and Government gazettes. All parties who wish to intervene in the winding-up proceedings may give notice to the Petitioner’s Attorneys-at-Law, F.J. & G. de Saram, of their intention to intervene.
Source-www.ft.lk