Chch car yard in liquidation

Unsecured creditors of a liquidated Christchurch car firm shouldn’t expect to get a cent.

Cars Under $7990 Ltd operated a large car yard in Moorhouse Ave and closed in March.

In June the company changed its name to Chch Car Retailers Ltd and also changed its shareholding.

Peter George Benden, who was the original shareholder, remained the company’s director in the reshuffle. The company was put into liquidation by the High Court on July 4 and Geoff Brown and Lynda Smart of Rodgers Reidy (NZ) were appointed liquidators.

Their first report shows Inland Revenue has claimed

$25,006 for GST and PAYE arrears and unsecured creditors are owed

$94,000.

Brown said it appeared no funds would be available for the unsecured creditors.

He had been unable to contact Benden and had issued formal notices to him to deliver records, information and assets.

Benden, originally from South Africa, is a business adviser and mentor based in Cashmere, who was also treasurer of the Port Hills branch of the National Party. The yard was managed day-to-day by New Zealand motor racing representative Hamish Cross. The liquidation means buyers like Tama Skipper have been left with nobody to honour their consumer guarantees and warranties.

The warehouseman bought a

2006 Mazda RX8 for $8000 in October last year and said it had given him nothing but grief.

‘‘It didn’t occur to you even if Goy was dead, it would’ve been best for everyone, her and her family to find her body and brought it back up.’’

David Boldt, counsel assisting the coroner