John Edward Clancy sole director of Global Developments Madras St Ltd. This is the fourth company directed by Clancy that has been recently put into liquidation. On 7 August 2015, according to Companies Office Records, Garry Cecil Whimp of Blacklock Rose Ltd, Whangarei, was appointed Liquidator of this company that was incorporated on 18 October 2013 and has been jointly owned by FJ40 Trustees Ltd and John Clancy. The latest Annual Return the company filed was on 18 September 2014 and it was filed by Richard Somerville (Walker Townsend Ltd), Clancy’s accountant. Somerville is the sole director and owner of FJ40 Trustees Ltd.
Penthouse and biofuel in probe of bankrupt Dave Henderson
Bankrupt Dave Henderson says he would take a very different approach to business if he was discharged from bankruptcy.
Henderson, 60, is under public examination in the High Court in Christchurch before Associate Judge Rob Osborne to decide if he can be discharged from bankruptcy. The examination is in its second week.
He was adjudicated bankrupt in November 2010, with self-acknowledged debts of about $142 million.
The Official Assignee (OA) objects to his discharge and alleges he controlled payments from a bank account in the name of AFB Treasury Ltd and was the key figure in business dealings in breach of his obligations as a bankrupt.
Full story by Martin Van Beynen published 11/08/15
http://www.stuff.co.nz/business/71021681/penthouse-and-biofuel-in-dave-henderson-probe
Dave Henderson’s loan and payment emails probed in High Court examination
Property developer Dave Henderson says emails purporting to show he controlled a bank account and raised loans while a bankrupt do not show the true picture.
Henderson, 60, is under public examination in the High Court in Christchurch before Associate Judge Rob Osborne to decide if he can be discharged from bankruptcy.
He was adjudicated bankrupt in November 2010, with self-acknowledged debts of about $142 million.
The Official Assignee (OA) objects to his discharge and alleges he controlled payments from a bank account in the name of AFB Treasury Ltd and was the key figure in business dealings in breach of his obligations as a bankrupt.
Full story by Martin Van Beynen dated 7/08/15
http://www.stuff.co.nz/business/industries/70887765/dave-hendersons-loan-and-payment-emails-probed
http://www.stuff.co.nz/the-press/news/70928399/henderson-needs-60000-to-70000-a-year-for-lifestyle
‘Shambolic’ Companies Office worsens pain for ripped-off consumers, lobbists say
A business can pretend its director lives in a toy library or MP’s office because the government’s companies watchdog lacks teeth, a lobby group says.
The Society for Promotion of Community Standards made a formal complaint to the Companies Office on Monday in the wake of a Dominion Post report on on Masterton photographer Jade Cvetkov [link below] paying for a camera lens which never arrived, losing more than $3000 to camera accessory importer Pro1Digital Ltd.
“This story highlights the shambolic situation with Companies Office records,” said the Society’s executive director David Lane. [Read more…]
Dave Henderson tax compliance ‘abject failure’
A court probe into bankrupt Dave Henderson has returned to $1.7 million of GST outstanding on the 2008 sale of properties to the Christchurch City Council.
The council bought five central city properties from Henderson entities for $17m, in a deal described as a “bailout” by critics.
Henderson, 60, is under public examination in the High Court in Christchurch before Associate Judge Rob Osborne to decide if he can be discharged from bankruptcy.
Henderson was adjudicated bankrupt in November 2010 with self-acknowledged debts of about $142 million.
He was due to be automatically discharged from bankruptcy in January last year but the discharge was opposed by the Official Assignee. The businessman was also bankrupted in 1996.
Full story by Martin Van Beynen published 4/08/15
http://www.stuff.co.nz/the-press/business/70829347/henderson-tax-compliance-abject-failure