Liquidations listed in the Litchfield council area, updated hourly for March 10

Analysis of ASIC and ABN Lookup data reveals the full list of companies to close down in your area over the past year, updated hourly throughout the day.

Below is a list of liquidations, sourced from ASIC's insolvency notice website.

NO liquidation appointment notices have been listed for businesses in the Litchfield Local Government Area so far today. The total for the past year is two.

News Corp analysis of ASIC Insolvency Notices and ABN Lookup data shows the locations of company liquidations across the state.

Northern Territory-based companies operating without an ABN were omitted from the list below.

Here's the list for Litchfield, listed by postcode in date order:

0829

Chayanne Investments Pty Ltd, ABN: 12123327168, Main Business Location: NT 0829, Notice Date: May 12, 2020, Liquidator: Jarvis Lee Archer

0836

Wilsons Pastries Pty Ltd Trading As Formerly Trading As Coolalinga Bakery, ABN: 87614392004, Main Business Location: NT 0836, Notice Date: March 12, 2020, Liquidator: S G Reid

Liquidators are appointed to wind up the affairs of a company when it closes down.

They can be appointed in a voluntary winding up of a business; whether initiated by members or creditors; or as part of a court-ordered winding up.

Their role is to sell off the business's assets and use the resulting funds to pay off debts, if there is any.

ASIC publishes liquidation notices, as well as other insolvency and external administration-related notices throughout the day every weekday.