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Suspended until creditors meet

29th August 1991, Page 14
29th August 1991
Page 14
Page 14, 29th August 1991 — Suspended until creditors meet
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Which of the following most accurately describes the problem?

• The licence held by Cross Keys-based GB Transport has been suspended, after South Wales Licensing Authority John Mervyn Pugh was told that there was to be a creditors' meeting within a month.

The company held a licence for three vehicles and 14 trailers. It had been called to a Cardiff disciplinary inquiry following convictions for vehicle excise duty offences.

Geoffrey Williams, for the company, said all the fines and back duty had been paid. The company had seen its accountant and a creditors' meeting was being arranged. The company was not trading and did not intend to trade.


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