Around 80 people lost their jobs right before Christmas. It pointed out that operations were being scaled down since December as its allocation of timeshare at the Golden Sands Resort had been largely sold out. Google Chrome The Financial Times said that the customers were charged in excess of 9%. Malta's Azure Window collapses into the sea - BBC News We again advise members / owners to be extremely cautious if approached regarding claims said to be connected to the liquidation process. In # May 2020, members of the above Clubs received notification that Azure Resorts Limited, Azure Services Limited and Azure XP Limited had gone into Liquidation. Azure hoped the company would move. In the interim, should you have any queries pertaining to the liquidation process and/or the appointment of the new Club manager, please contact azureresortsliquidation@cvr.global. The government had set itself the ambitious target of having the plan in place by early January for submission . Two geological wonders sit side-by-side on the Maltese island of Gozo: the Azure Window and the Blue Hole. Azure Services Ltd file for liquidation - Timeshare Consumer KwikChex will provide free information assistance to any consumers affected by such matters. We have been advised by an Azure consumer of an important update from the Joint Liquidators. Please know what you are buying these are not beads, These are crystal stones set into a brass setting. A timeshare company at the Radisson Blu Golden Sands Resort and Spa has been placed in voluntary liquidation but the shareholders are pledging to honour all commitments with the thousands of its members. When you use our websites to view the information we make available, a number of cookies are used by others and by third parties to allow the website to function, to collect useful information about visitors and to help to make your user experience better. If you disable this cookie, we will not be able to save your preferences. Registered Office: Artemis House, 4a Bramley Road, Mount Farm, Milton Keynes, MK1 1PT. VCSL in turn has established a company in Malta called VCMS Co Limited, which will employ local staff to service the clubs members. The shareholders advise that they took this decision because the Company's financial position was deteriorating, creating sufficient doubt as to whether it would be able to pay its debts as they fall due and liquidation was required to mitigate losses to the Company's creditors.What is liquidation?Liquidation is a formal insolvency process governed by the Act the purpose of which is to protect an insolvent company's creditors.
