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​Sole shareholder death sends Auckland telco systems specialist into liquidation

​Sole shareholder death sends Auckland telco systems specialist into liquidation

Auckland telephone systems specialist placed into liquidation, following the death of sole shareholder and director.

Auckland telephone systems specialists JK Communications has been placed into liquidation, following the death of sole shareholder and director Jonathan Knoetze.

Documents seen by Reseller News can confirm liquidation plans were actioned on May 10, 2016, through a ‘Special Resolution of Shareholders’ after Knoetze passed away on April 5, following a “prolonged period of ill health”.

As a former Chorus employee with over 30 years of industry experience, Knoetze left behind a company with $71,600 estimated due to secured creditors, which includes Spark, Yellow Pages and BNZ Bank.

According to insolvency documents, Knoetze’s wife, the sole executrix of the estate, had “no involvement in the business” but soon after his death, received correspondence, calls and notices from creditors and customers.

Consequently Mrs Knoetze consulted company accountants and legal advisors, before establishing that the telco specialist was “unable to pay its debts as and when they fell due, as it had no income”.

In light of the financial state of solvency of the company, JK Communications was liquidated last week, with liquidators setting a credits claim deadline of June 20 for lodging claims.

Billed as one of the leading telephone systems companies in Auckland, JK Communications launched in April 2012, four months before the liquidation of Knoetze's previous company, Quick Phone.

Specialising in the installation and maintenance of communication systems for small to medium-sized businesses, JK Communications offers ongoing technical support and on-site repairs throughout all of Auckland.

In addition, the company also offers services including new work and relocation installations, as well as residential phone connections and telephone jackpoints and outlets.

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