The following appears on itweb.co.za
Ricoh SA has successfully applied to the North Gauteng High Court for an application to liquidate Bula Document Solutions, which had been reselling and servicing equipment on its behalf.
In the recent judgement, handed down by acting judge George Avvakoumides, the court found Bula did not have sufficient money to pay Ricoh the almost R19 million it was owed, and was depleting its bank accounts to pay other creditors.
