An application has been made to the Federal Court by the Australian Taxation Office (ATO) to wind up the operations of City Convenience Store Pty Ltd.
The application was lodged with the Australian Securities and Investment Commission (ASIC) on September 22, and a hearing in the Federal Court in NSW is scheduled for October 28.
City Convenience Store Pty Ltd is owned by Gebara Group Pty Ltd, which is under the directorship of Jamal Gebara. Gebara Group Pty Ltd also owns the company City Convenience Store Leasing Pty Ltd, which, according to an ASIC notice, is “in liquidation”.
Frucor Beverages (Australia) Pty Ltd previously applied to wind up the latter company in May.
City Convenience was founded by Mr Gebara – “the king of convenience” – and at one time had more than 180 stores across Australia’s capital cities.
Convenience World will continue to follow developments of the wind-up application in future editions.