{"id":119229,"date":"2020-11-12T13:30:00","date_gmt":"2020-11-12T06:30:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/nido-founders-122-million-building-company-in-liquidation-creditors-complain\/"},"modified":"2020-11-12T14:21:35","modified_gmt":"2020-11-12T07:21:35","slug":"nido-founders-122-million-building-company-in-liquidation-creditors-complain","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nido-founders-122-million-building-company-in-liquidation-creditors-complain\/","title":{"rendered":"Nido founder's $122 million building company in liquidation, creditors complain"},"content":{"rendered":"


\nThe founder and developer of New Zealand’s biggest furniture store has told suppliers that his building company cannot pay them, is seeking to refinance and begging them not to sue.Vinod Kumar, a director of Vijay Holdings which…
\n
\nSource : nzherald.co.nz\/Property
\nRead more…Nido founder’s 2 million building company in liquidation, creditors complain<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The founder and developer of New Zealand’s biggest furniture store has told suppliers that his...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-119229","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-v13","jetpack-related-posts":[{"id":172412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-court-accepts-evergrande-liquidation-petition-1-day-after-founders-life-sentence\/","url_meta":{"origin":119229,"position":0},"title":"Chinese court accepts Evergrande liquidation petition 1 day after founder\u2019s life sentence","date":"August 21, 2026","format":false,"excerpt":"\r A court in southern China\u2019s Guangdong province formally accepted a bankruptcy liquidation petition against China Evergrande Group\u2019s main onshore unit, closing the final chapter in the unravelling of what was once the country\u2019s largest property developer. The Guangzhou Intermediate People\u2019s Court said on Friday that Guangzhou Rural Commercial Bank\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119427,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/magsons-trading-as-nido-hits-receivership-further-trouble-for-giant-homeware-store\/","url_meta":{"origin":119229,"position":1},"title":"Magsons trading as Nido hits receivership: further trouble for giant homeware store","date":"December 4, 2020","format":false,"excerpt":"\r The business which operates New Zealand's biggest homeware store has collapsed into receivership in further trouble after its builder went into liquidation last month.The Companies Office shows Kara Johnstone and Conor McElhinney...\r \r Source : nzherald.co.nz\/Property\r Read more...Magsons trading as Nido hits receivership: further trouble for giant homeware store","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105355,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/creditors-owed-1m-after-liquidation-of-southern-lakes-building-company\/","url_meta":{"origin":119229,"position":2},"title":"Creditors owed $1m after liquidation of Southern Lakes building company","date":"March 25, 2019","format":false,"excerpt":"\r Trade creditors are owed more than $1 million by a Queenstown building company which went into voluntary liquidation this month.Liquidators Colin Gower and Tim Ward, of BDO, were appointed by Fowler Homes Southern Lakes Ltd (FHSL)...\r \r Source : nzherald.co.nz\/Property\r Read more...Creditors owed m after liquidation of Southern Lakes\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144355,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/creditors-put-east-aucklands-times-newspapers-into-liquidation-962000-debts\/","url_meta":{"origin":119229,"position":3},"title":"Creditors put east Auckland\u2019s Times Newspapers into liquidation, $962,000 debts","date":"May 13, 2024","format":false,"excerpt":"\r IRD debts put at $475,000, unsecured creditors owed $433,000, staff are owed $51,000.\r \r Source : nzherald.co.nz\/Property\r Read more...Creditors put east Auckland\u2019s Times Newspapers into liquidation, 2,000 debts","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107647,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hmvs-liquidation-sale-now-unlikely-as-creditors-opt-to-sell-100000-records-and-dvds-by-tender-the-culprit-hong-kongs-sky-high-rents\/","url_meta":{"origin":119229,"position":4},"title":"HMV\u2019s liquidation sale now unlikely as creditors opt to sell 100,000 records and DVDs by tender. The culprit? Hong Kong\u2019s sky-high rents","date":"May 31, 2019","format":false,"excerpt":"\r HMV\u2019s much anticipated liquidation sale is unlikely to happen now after the troubled retailer\u2019s creditors on Friday decided to opt for a tender sale to clear out roughly 100,000 CDs, DVD, Blu-Ray discs and other remaining stock.They blamed Hong Kong\u2019s famously high rents for the decision to call off\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142230,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/compass-homes-franklin-in-liquidation-creditors-want-money\/","url_meta":{"origin":119229,"position":5},"title":"Compass Homes (Franklin) in liquidation, creditors want money","date":"February 7, 2024","format":false,"excerpt":"\r Grant Reynolds appointed. He is also the liquidator of other Compass building businesses.\r \r Source : nzherald.co.nz\/Property\r Read more...Compass Homes (Franklin) in liquidation, creditors want money","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119229"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=119229"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119229\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}